Stock exchange; Investors lost more than Rs 399 billion in one week
The Pakistan Stock Exchange (PSE) witnessed its worst downturn in the past week. Last week’s Senate election, political instability and rising inflation have weighed on the market, while fears of future Corona cases affecting trade and exports have also been disappointing.
In the weekly trade, the index levels of 45,000, 44,000 and 43,000 points also fell. Due to the uncertainty on the political horizon, investors took a cautious approach. Weekly trading was down 4 sessions and up 1. Due to the recession, the investors sank Rs. 399.49 billion, which reduced the total market capitalization to Rs. 77.92 billion.