The KSE-100 Index dropped by 3,630 factors, closing at 153,866 factors in comparison with 157,496 factors on the finish of the earlier week.
KARACHI: The Pakistan Inventory Trade witnessed a adverse development throughout the previous buying and selling week, with the benchmark index posting a pointy decline.
Through the week, the KSE-100 Index dropped by 3,630 factors, closing at 153,866 factors in comparison with 157,496 factors on the finish of the earlier week.
The market misplaced 4 psychological ranges over the course of the week, reflecting persistent promoting strain.
Out of the 5 buying and selling classes, the market remained bearish for 4 days, whereas solely someday ended with features.
Throughout weekly buying and selling, the index touched a excessive of 158,624 factors, whereas the bottom degree recorded throughout the week was 144,119 factors.
In the meantime, the market capitalization declined by Rs369 billion throughout the five-day buying and selling interval, bringing the overall market capitalization all the way down to Rs17,329 billion.
Buying and selling exercise remained vital, with round 2.25 billion shares altering arms in offers price Rs132 billion throughout the week.
