The Pakistan Stock Exchange’s upward momentum halted on Friday, the last trading day of the week, as the market witnessed a downturn.
Negative sentiment dominated the trading session from the outset, with the 100 index plunging over 500 points to settle at 115,600 points.
Investors adopted a cautious approach, responding to increased selling pressure as they sought to secure profits following a recent surge in the market, resulting in an atmosphere of uncertainty.
Analysts suggest that investor confidence has been momentarily impacted by prevailing political and economic factors.
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The future direction of the market will hinge on expected economic decisions and global trends anticipated in the upcoming week.
