KARACHI: The Pakistan Stock Exchange (PSX) posted losses for the third consecutive week as foreign corporates and mutual funds took profits in a bearish market.

This decline follows a broader trend of investor uncertainty, fuelled by a combination of macroeconomic pressures, including rising inflation, a widening trade deficit, and sluggish domestic demand. However, the market showed signs of recovery on Friday, as investor sentiment improved amid positive developments, including higher-than-expected remittance inflows and a robust fiscal surplus for the first quarter of FY26.

Extending its weekly downtrend, PSX recorded a third consecutive week in negative territory, losing 2,039 points or 1.26pc. The KSE-100 index opened at 162,827, touched a high of 163,935, and hit a low of 158,253 before closing the week at 159,593.

The macroeconomic backdrop remained mixed throughout the week. The Consumer Price Index (CPI) for October........

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