PSX ends week higher, but posts sharp weekly loss

PSX ends week higher, but posts sharp weekly loss

Pakistan Stock Exchange (PSX) closed the final trading session of the week on a positive note, with the benchmark KSE-100 Index gaining 982 points. Despite Friday’s recovery, the market recorded a significant weekly decline of 3,130 points, reflecting continued volatility throughout the week.

At the close of trading, the KSE-100 Index settled at 182,221 points. The market experienced wide fluctuations during the week, with the benchmark index moving within a range of 8,715 points as investors responded to changing market conditions.

Trading activity remained strong. Investors traded 94 crore (940 million) shares on Friday, with a total value of Rs38 billion. Over the course of the week, total trading volume reached 5.35 billion shares, while the cumulative value of transactions stood at Rs238 billion.

The market also witnessed an improvement in overall capitalization on the final trading day. Market capitalization increased by Rs121 billion to reach Rs2,503 billion. However, on a weekly basis, the market still lost Rs259 billion in value, highlighting the pressure that weighed on equities despite the late-week rebound.

Market participants will now look ahead to next week’s trading sessions for signs of improved investor confidence and a more stable market trend.