The Pakistan Stock Exchange (PSX) experienced a slight downturn on Friday, following its record-breaking performance on Thursday. The benchmark KSE-100 Index closed the day at 81,459 points, down from the previous day’s high of 83,000 points.
The market’s decline can be attributed to a combination of factors. The profit-taking activities and investor are caution as they await further economic indicators and corporate earnings reports.
Despite the Friday pullback, the overall market sentiment remains positive, buoyed by the recent approval of the International Monetary Fund (IMF) loan program.
On Thursday, the PSX reached an all-time high, with the KSE-100 Index peaking at 83,000 points.