KARACHI: The Pakistan Stock Exchange (PSX) opened the first trading day of the week on a negative note, with the benchmark PSX-100 Index showing significant downward pressure throughout early trading.
At one point, the index dropped over 6,000 points, reaching 173,574 points, marking a decline of more than 3.19% during the session.
Weekly Performance Context
Last week also saw a negative trend at PSX, with the PSX-100 Index falling by 4,525 points to close at 179,603. During the week, the index fluctuated within a 7,413-point range.
A total of 4.31 billion shares were traded over the week, amounting to PKR 212 billion, while market capitalization decreased by PKR 523 billion to reach PKR 20,359 billion.
The early session decline highlights ongoing volatility in the market, reflecting investor caution amid economic and financial uncertainties.