KARACHI: The benchmark KSE-100 index teetered up over 60 points as the Pakistan Stock Exchange (PSX) closed the trading session in the black.
As several industries faced selling pressure, the index swung back and forth between the red and green zones. Investors’ worries about the escalating political and economic unpredictability halted the market’s growth.
Investors made the decision to sell positions during today’s session and keep an eye on the market going forward.
Investors found solace in a slew of unfavourable news during tumultuous trading, which included the rupee’s depreciation against the US currency, a growing deficit, etc.
The benchmark KSE-100 index increased by 58.74 points to conclude at 41,824.79 points.
