Pakistan’s KSE-100 loses 0.6% over the week
Pakistan's KSE-100 stock index fell by 0.6% over the week amid geopolitical tensions and investor caution. Despite a staff-level agreement with the IMF, market volatility persists due to regional conflicts involving the US, Iran, and Saudi Arabia.
Why it matters
The performance of the KSE-100 reflects the fragile economic state of Pakistan and its sensitivity to both international financial aid and regional geopolitical instability.
--> In Pakistan, the benchmark KSE-100 index of the Pakistan Stock Exchange fell by 1,066 points, or 0.6%, over the week to 167,089 points. Geopolitical tensions outweighed investors’ optimism about the country’s agreement with the International Monetary Fund, The Express Tribune reports .
Trading on Monday began with a decline: the KSE-100 lost 2,288 points, or 1.36%, and closed at 165,867 points. On Tuesday, the index rose by 2,593 points, or 1.56%, to 168,460 points, and on Wednesday it added another 120 points to reach 168,580 points.
On Thursday, the index fell by 1,139 points, or 0.68%, to 167,442 points. On Friday, trading moved in both directions amid investor caution and position closures ahead of the weekend. Over the day, the KSE-100 lost 353 points, or 0.21%, ending the session at 167,089 points.
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