Pakistan stocks end week on weak note, KSE-100 drops 2,367 points

Shafaqna Pakistan: The Pakistan Stock Exchange (PSX) ended the outgoing trading week on a negative note, with the benchmark KSE-100 index shedding 2,367 points to close at 175,328.

The index remained volatile throughout the week, fluctuating within a range of 3,623 points. It reached a weekly high of 178,138 points before falling to a low of 174,515 points.

Trading activity remained robust, with around 3.8 billion shares changing hands in transactions worth Rs166 billion.

Meanwhile, the market’s total capitalisation declined by Rs256 billion over the week to Rs19,629 billion.

The weekly performance reflected continued pressure on the stock market, with the benchmark index ending the week considerably below its opening levels.

Source: Dunya News

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