Pakistan Stock Exchange Plummets: PSX-100 Index Sheds Over 2,000 Points Amid Caution

The Pakistan Stock Exchange (PSX) experienced a significant bearish trend during the business week, driven by investor caution amid prevailing uncertain economic conditions. The benchmark PSX-100 Index closed at 159,592 points, marking a substantial decline of 2,038 points for the period. Throughout the week, the index showed considerable volatility, trading in a range of 5,682 points, reaching a high of 163,935 points and a low of 158,252 points.

Trading activity was robust, with a total of 4.43 billion shares traded, valued at Rs 180.9 billion. Experts attributed the market fall to several factors, including the impact of the global market, local fiscal policies, and a trend of profit-taking. Analysts are hopeful that the market can stabilize next week, provided that the government delivers clear and decisive direction regarding its economic policies.