PSX trades negatively on third trading of week

KARACHI: The third day of the trading week started negatively in the Pakistan Stock Exchange.  The KSE-100 index in the stock market was down by 29 points to 29,787 level. The market opened at 29,809 levels, which saw a slowdown during the opening hour.

The day earlier, the Pakistan Stock Exchange was suffering from a fall and the business ended at a loss of 247 points. The stock market saw a mixed trend on the second day of the week.

In the KSE-100 Index, the market started at 30,57 points, and the index was initially in the positive zone and was gaining in momentum.

Initially, the KSE-100 Index had a positive start and the index was recorded up to 190 points, after which the index had reached 30,247 points but the market could not trade in the positive zone for long and soon went into the negative zone.

Previously, the 100-index recorded a decrease of 318 points and the index fell to 29,739 points, but the trade ended at 29,809 points. During the trading, the KS-100 Index traded 48,684,010 shares, valued at 2,238,873,226 Pakistani rupees.