📌 Key Highlights & Quick Takeaways:
- After a 4-day bullish streak, the Pakistan Stock Exchange fell on Friday, with the index falling by 167,000 points.
- According to the experts, due to the trend of increasing oil prices again due to the bad geopolitical situation and the fears of further inc.
- Business started briskly, leading to a rally of 145 points at one point, but the rollover week turned into a bearish trend due to settlement.
After a 4-day bullish streak, the Pakistan Stock Exchange fell on Friday, with the index falling by 167,000 points.
Business started briskly, leading to a rally of 145 points at one point, but the rollover week turned into a bearish trend due to settlement of old deals, profit selling in the banking and refinery sectors, leading to a fall of 866 points at one point.
In the closing moments, buying activity at lower prices slightly increased, reducing the intensity of the bearishness. As a result, the KSE 100 index closed down by 784.19 points at 166409.25 points at the close of business. The KSE 30 index closed down 294.03 points at 49026.65 points, the KSE All Share Index closed down 457.17 points at 100685.85 points and the KMI 30 index closed at 237971.74 points, down 986.42 points.
