A negative trend was observed at the Pakistan Stock Exchange in the start of the trading week, where the 100 Index recorded a significant decline of over 900 points, dropping to the level of 113,100 points.

According to business circles, political and economic uncertainty, concerns regarding the budget, and cautious investor behavior have kept pressure on the market, leading to a prevailing trend of selling.

On the other hand, the currency market saw a slight improvement in the value of the rupee against the US dollar. In the interbank market, the dollar’s price decreased by 5 paisas, settling at 281 rupees.

Experts suggest that this slight improvement in the rupee is temporary, and for the stock market to stabilize, the government must provide a clear economic strategy.

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