Karachi(Web News)
Febuary’s second week in the Pakistan stock market was disappointing in terms of business activity and the downturn lasted from Monday to Friday during the five sessions, which resulted in a total reduction of 1097 points in the KSE100 index and a psychological limit of 46 thousand. Fall wind hit a low of 45,808 points, causing investors to lose Rs 2.38 billion.59 crore 13 lakh. According to the weekly performance report of the stock market, the week started on Monday with a downturn and KSE 100 indexes lost 183.92 points on the first day. Similarly 47 points on Tuesday Decreased The downturn continued on Wednesday and the index fell another 30.48 points. On Thursday, the recession intensified and on the same day, the index fell 588 points, while on Friday the index fell further 247 points. Investment The value dropped from Rs 20 crore to Rs 28 crore to Rs 82 crore 41arb48 crore 73 lakh. According to stock experts, the increase in trade deficit and reduction in foreign exchange reserves during the past week has been the investor sideline while also on the national political horizon. Towards the election and PDM The Long March announcement avoided new investments by investors and dominated the share sale trend, which led to a week-long downturn and overall market share compared to the previous week. A decrease of 2.34 percent was recorded, however, in terms of share transactions, the business volume remained at 725 million shares per day, which is a better daily business volume. Experts say recovery is expected next week