Pakistan Stock Exchange (PSE) traded up and down in 2nd week 2021

KARACHI ( WEB DESK )

The KSE 100 Index rose from 45,600 points to 45,900 points during the second week of the 2021 calendar year after the Pakistan Stock Exchange (PSE) traded up and down. Prices of Pakistan stock market also rose last week. According to stock experts, positive reports on the country’s economic horizon, growth in large-scale industries and rising global crude oil prices have led to an increase in fresh investment in other sectors, including OMCs, exploration and production. News of Pakistan’s early participation in the IMF program and news of a meeting between the Prime Minister and the Chief of Army Staff on a one-page meeting between the Prime Minister and the Chief of Army Staff were two days last week. Due to which KSE 100 Index increased by 486.54 points. However, the market plunged for three days on news of uncontrollable inflation, rising private sector borrowing patterns, and the ongoing gas crisis affecting the manufacturing activities of export industries, causing the index to lose 209.88 points. went . According to the weekly report, the Pakistan Stock Exchange (PSE) Index recorded an increase of 276.66 points in the last week, which increased the KSE 100 Index from 45654.34 points to 45931.00 points. However, the KSE 30 Index declined by 14.13 points to close at 19109.64 points from 19123.77 points while the SE All Shares Index rose from 31889.53 points to 31914.59 points. A decrease of Rs. 3.54 billion was recorded in the capital as a result of which the total market capital decreased from Rs. 83 trillion 11.32 billion to Rs. 83.77 Last week, a maximum of Rs 26 billion worth of 84.52 million shares were traded in the Pakistan Stock Exchange, while a minimum of Rs 17 billion worth of 531.062 million shares were traded. However, due to the decline, the index was seen at a low of 45533.11 points at one point. A total of 2,115 companies traded on the Pakistan Stock

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