The Pakistan Stock Exchange (PSX) closed on a negative note today as the benchmark KSE-100 Index fell by 1,432.6 points (-0.87%), settling at 163,098.2 points. The market witnessed a total trading volume of 607.6 million shares, with a total value of Rs. 34.84 billion.
Throughout the session, the index touched an intraday low of 162,411 and a high of 165,263, indicating increased volatility. The decline is largely attributed to profit-taking by investors after recent market rallies and concerns over macroeconomic challenges and policy uncertainties.
Analysts suggest that despite the dip, market sentiment may stabilize in the coming sessions as investors look for clarity on upcoming economic reforms and corporate earnings.
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