Pakistan Stock Exchange bleeds causing loss of billions of rupees to investors

Pakistan Stock Exchange bleeds causing loss of billions of rupees to investors

The KSE-100 index on the Pakistan Stock Exchange (PSX) concluded Tuesday’strading session on a bearish note, registering a decline of 0.78 percent.This brought the index to a closing level of 45,508.39 points, as reportedby ARY News. The day began with the KSE-100 opening at 45,902.72 points,but it swiftly experienced a negative shift, shedding 357.34 points. Thisdownward movement translated to a percentage decrease of 0.78 percent bythe end of the trading day.

Amidst these market fluctuations, a substantial trading volume wasobserved, with a total of 126,341,546 shares changing hands, representing acombined value of 4,987,457,195 units. The market activity wascharacterized by 293 trades in total.

Among these trades, 73 companies saw their share prices advance, while 195experienced declines. Additionally, 25 companies remained unchanged,reflecting the mixed performance of various stocks within the market.

The KSE-100 index’s negative trajectory on Tuesday underscores the dynamicnature of the Pakistan Stock Exchange, influenced by factors ranging fromeconomic indicators to investor sentiment. Such fluctuations highlight theimportance of keeping a vigilant eye on market developments for bothinvestors and stakeholders in the financial sector