KARACHI: The Pakistan Stock Exchange witnessed a negative trend during the past trading week, with the benchmark index posting a sharp decline.
During the week, the KSE-100 Index dropped by 3,630 points, closing at 153,866 points compared to 157,496 points at the end of the previous week.
The market lost four psychological levels over the course of the week, reflecting persistent selling pressure.
Out of the five trading sessions, the market remained bearish for four days, while only one day ended with gains.
During weekly trading, the index touched a high of 158,624 points, while the lowest level recorded during the week was 144,119 points.
Meanwhile, the market capitalization declined by Rs369 billion during the five-day trading period, bringing the total market capitalization down to Rs17,329 billion.
Trading activity remained significant, with around 2.25 billion shares changing hands in deals worth Rs132 billion during the week.
