Economic, political headwinds push KSE-100 index in red zone

PSX weekly review: Lacklustre activity forces KSE-100 index to close flat


KARACHI: The Pakistan Stock Exchange (PSX) saw tepid trading over the next week as an uptick in new virus cases kept market participants mostly on the sidelines. As a result, the KSE-100 gained 60 points or 0.13% to end the day at 45,078.

Markets opened lower this week amid concerns over expectations of a policy rate hike.

However, the exchange turned green after the Monetary Policy Committee (MPC) left the policy rate unchanged at 9.75% for the next two months.

You may also like