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Pakistan Stock Exchange Index Posts 0.67%WoW Decline – OpEd
The benchmark index of Pakistan Stock Exchange showed varying trends throughout the week, ultimately closing with a modest 0.67%WoW loss at 78,045 points.
However, market participation showed signs of recovery, with the average daily traded volume rising to 367.68 million shares as against 345.10 million shares a week ago, up 6.5%WoW.
Meanwhile, the government reports progress in negotiations with China regarding the restructuring of power based loans, which is expected to support a reduction in tariffs.
The MSCI, in its August 2024 review transferred SAZEW to its Frontier Market Index, while adding six new stocks to MSCI’s Small Cap........
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