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Pakistan Stock Exchange Index Posts 0.67%WoW Decline – OpEd

18 0
17.08.2024

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........

© Eurasia Review


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