KARACHI: The Pakistan Stock Exchange (PSX) experienced a week of significant volatility, as the KSE-100 index showed modest gains of 0.44 per cent. Despite fluctuations driven by profit-taking and geopolitical tensions, particularly with Afghanistan, the market rebounded by the closing session.

According to Topline Securities, the muted gain was largely due to profit-taking by institutional investors and concerns over regional tensions with Afghanistan. The average daily traded volume stood at 1.8bn shares, while the average traded value was Rs55.6bn.

Arif Habib Ltd (AHL) reported that the KSE-100 index saw a rollercoaster ride throughout the week. Initially pressured by profit-taking, the market regained momentum towards the end as geopolitical and domestic political tensions eased. The positive sentiment was also supported by Pakistan’s progress in securing a Staff-Level Agreement (SLA) with the International Monetary Fund (IMF) regarding the second review of the $7bn Extended Fund........

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