KARACHI: The Pakistan Stock Exchange (PSX) continued its downward trajectory for the fourth consecutive session, as persistent selling pressure drove the benchmark KSE-100 Index lower by 735 points, closing at 164,530.
Over the past four trading days, the index has plunged by more than 4,500 points, wiping out significant investor confidence. Since touching its recent high of 169,988 points on October 3, the index has dropped over 5,400 points.
Market capitalization has taken a major hit, falling by Rs. 600 billion during this period. On the day alone, it declined by Rs. 84 billion, reducing the total market value to Rs. 19.064 trillion.
Despite the bearish sentiment, trading activity remained robust, with 1.57 billion shares changing hands, generating a turnover of approximately Rs. 55 billion.
The recent slide reflects growing concerns among investors, potentially driven by economic uncertainty, profit-taking, or policy-related developments.
