The Pakistan Stock Exchange (PSX) closed on a bearish note on the last business day of the week. Investors reacted cautiously amid economic and market concerns.
The KSE-100 Index fell by 3,702 points, ending at 184,129 points. During the session, the index moved between 188,000 and 183,000 points, showing high volatility and a drop of over 4,000 points at its lowest level.
Out of 564 listed companies, 113 companies recorded gains, while 323 companies saw their share prices decline. This indicates that a majority of the market experienced losses during trading.
Trading volume at the Pakistan Stock Exchange was significant, with 1.27 billion shares exchanged. The total value of traded shares was approximately Rs60 billion, reflecting active investor participation despite the market downturn.
Sector-wise, major declines were seen in banking, energy, and cement stocks. Analysts said economic uncertainty and political developments contributed to the negative sentiment. They also highlighted that foreign and institutional investors remained cautious, which added pressure to the market.
Market experts said the Pakistan Stock Exchange’s sharp decline signals short-term market volatility. They advised investors to stay updated on economic policies and political developments, as these factors are likely to influence future trading sessions.
Despite the losses, some companies showed resilience, posting small gains due to strong performance reports. Analysts said selective investment could benefit long-term investors looking for recovery opportunities.
The PSX will reopen next week amid cautious optimism. Investors are expected to monitor government economic measures, inflation data, and international market trends before making trading decisions.
In other news read more about: Karachi Mayor Announces 1,200 Free Stalls For Gul Plaza Traders
The current downturn at the Pakistan Stock Exchange reflects broader market challenges, but analysts remain hopeful that stabilization measures may gradually restore investor confidence.
