KARACHI: The Pakistan Stock Exchange (PSX) showed little movement in the outgoing week, closing marginally lower despite strong macroeconomic data and easing geopolitical tensions.

The index declined by 502 points or 0.31 per cent week-on-week to 163,304.13, primarily due to profit-taking by investors and selling pressure, particularly from mutual funds, which were rumoured to be redeeming positions. This trend was reflected in the National Clearing Company’s data.

While overall market sentiment was subdued, macroeconomic indicators, such as a current account surplus and a slight increase in foreign direct investment (FDI), provided some stability. Despite these developments, the market’s mixed sentiment highlights the challenges investors face amid fluctuating earnings and uncertain global economic conditions.

In September, Pakistan’s current account........

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