The Pakistan Stock Exchange (PSX) witnessed a bearish trend on Thursday, with the benchmark KSE-100 Index plunging by 1,991 points to close at 110,423 points. The session saw significant volatility, leading to the breach of two key psychological levels of 112,000 and 111,000 points.
Intraday Performance
During the trading session, the index briefly touched an intraday high of 112,480 points, gaining 66 points. However, sustained selling pressure pulled the index down sharply, erasing earlier gains and deepening losses.
Trading Volume and Value
The day’s trading volume stood at 274.82 million shares, with a total market value of PKR 25.19 billion.
The significant drop in the index reflects continued investor concerns over economic uncertainty and market volatility. Analysts suggest the need for policy clarity to stabilize the market and restore investor confidence.
