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KSE-100 Index slips amid mixed trading week at PSX

Trading activity remained mixed, with market recording losses on three days and gains on two days.

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a bearish trend during the past week, with the benchmark KSE-100 Index declining by 1,309 points.

The index fell from 151,707 points at the start of the week to close at 150,398 points, reflecting overall negative sentiment in the market. During the week, the market lost one key psychological level.

Trading activity remained mixed, with the market recording losses on three days and gains on two days.

Despite the downward trend, the KSE-100 Index touched a weekly high of 157,347 points, while the lowest level recorded was 144,656 points.

Market capitalization decreased by Rs160 billion over the five trading sessions, bringing the total market cap down to Rs16, 725 billion.

Meanwhile, a total of 2.45 billion shares were traded during the week, with a cumulative value of Rs1, 140 billion, indicating continued investor participation despite volatility.

 

 

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