Karachi: The Pakistan Stock Exchange (PSX) witnessed a strong bearish trend during the outgoing week, with heavy selling pressure dragging the benchmark KSE-100 Index sharply lower.
The index lost 4,992 points on a weekly basis, closing at 184,174 points, down from 189,166 points at the start of the week. Due to this decline, the market lost five key psychological levels in just one week.
Market activity remained volatile as three sessions ended in losses, while two sessions saw gains. During the week, the KSE-100 Index touched a high of 191,032 points and a low of 181,961 points.
Over the five trading days, market capitalization declined by Rs 391 billion, falling to Rs 20,827 billion.
Market experts attributed the downturn mainly to profit taking, which triggered sustained selling pressure. They added that regional security concerns and rising international political tensions also negatively impacted investor sentiment, pushing the market deeper into the red.
This weekly performance highlights growing uncertainty in the stock market amid both domestic and global challenges.
