September 28, 2024

The Pakistan Stock Exchange (PSX) ended the week on a negative note, despite the recent approval of the IMF package. The benchmark KSE-100 Index witnessed a significant drop of 782 points, reflecting uncertainty among investors.

The KSE-100 Index fell by 1.3% over the course of the week, closing at 81,292 points. The highest level recorded during the week was 82,905 points, while the lowest was 81,107 points. A total of 1.95 billion shares were traded, with the total value of transactions reaching PKR 64.69 billion.

Market capitalization also saw a decline, falling by PKR 77 billion to close at PKR 1,653 billion. Despite the positive news of the IMF agreement, investors remained cautious, causing volatility in the market.