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Pakistan Stock Exchange slides, traders lose millions

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Pakistan Stock Exchange closed lower by 1,381 points as trading losses hit millions; most companies saw share prices drop amid cautious investor sentiment.

KARACHI – The Pakistan Stock Exchange ended trading in the red on Wednesday, dealing a blow to investors and traders. The KSE-100 index fell by 1,381 points, closing at 182,569 points.

During the day, the index touched a high of 184,726 and dipped to a low of 182,369. Out of 562 listed companies, 90 saw their share prices rise while 352 experienced declines.

Trading activity remained brisk, with over 1 billion shares changing hands, valued at around Rs65 billion. Analysts say the downward trend reflects ongoing market pressures and cautious investor sentiment.

 

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