Business
Pakistan Stock Exchange: From Record High to Sharp Decline
Karachi: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session today, starting with a negative trend that later turned positive, setting a new record. However, the market eventually reversed its course, ending with a significant decline.
The benchmark KSE-100 index dropped by 2,854 points, closing at 95,225. During the session, the index surged to a new all-time high of 99,819 points, but failed to maintain the momentum.
Yesterday, the market closed at 98,079 points. Despite today’s early gains, the sharp fall towards the end of trading left investors cautious.