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Stock Market Faces Severe Decline, 100 Index Drops by 3,790 Points

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Stock Market Faces Severe Decline, 100 Index Drops by 3,790 Points

Karachi – The Pakistan Stock Exchange (PSX) experienced a sharp decline today, with the 100 Index dropping by over 3,700 points.

During trading, the 100 Index fell to as low as 110,896 points. However, by the end of the trading session, the index closed at 111,070 points, reflecting a loss of 3,790 points.

A total of 1.11 billion shares were traded, with a market value of 60 billion rupees. Meanwhile, the market capitalization dropped by 437 billion rupees, reaching 14,145 billion rupees.

Experts suggest that this decline is part of a market correction, but they anticipate a recovery in the near future.

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