Pakistan stock exchange losses value after a roller coaster session

Pakistan stock exchange losses value after a roller coaster session

The Pakistan Stock Exchange witnessed a mixed session on Wednesday and the KSE-100 fell marginally by 0.07% owing to volatility and lack of positive news flow to give a direction to the market.

By the end of the session, the KSE-100 index shed 28.8 points or 0.07% to close at 43,337.97 points.

The stock market saw a hybrid of upside and downside pressure as the rollover week took effect.

Trading began with a spike and the index breached the 43,500-point mark in the initial hour. A sell-off became evident towards noon which pulled the market lower and erased all gains.

From this point onward, the market traded in a narrow range and ended the day marginally lower.