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Pakistan Stock Exchange loses 1,710 points as benchmark index closes lower

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KSE-100 settles at 177,373 points amid broad-based selling; shares of 316 companies decline

KARACHI (Dunya News): The Pakistan Stock Exchange (PSX) closed in negative territory on Thursday as selling pressure dragged the benchmark KSE-100 Index down by 1,710 points.

The benchmark index shed 1,710 points to settle at 177,373 points, reflecting a bearish trend during the trading session.

Market activity showed widespread weakness, with share prices of 316 companies declining, while 155 companies recorded gains. The prices of shares in the remaining listed companies remained unchanged or were not actively traded.

Despite the downturn, trading activity remained substantial, with more than one billion shares changing hands during the session.

The total value of shares traded stood at approximately Rs31 billion, indicating significant market participation despite the negative closing trend.

The decline reflected selling pressure across the market, although the available trading figures did not identify specific triggers behind the downturn.

Investors will be watching upcoming trading sessions for signs of market stability and a possible recovery in the benchmark index.

 

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