The Pakistan Stock Exchange (PSX) began the week on a downward trend, with the KSE-100 index dropping by 699 points to settle at 80,592. This decline follows a modest gain of 114 points in the previous week, where the index briefly reached 81,292 before losing 365 points.
In contrast, the PSX had previously surged after the approval of a $7 billion loan from the International Monetary Fund (IMF) and positive remarks from Prime Minister Shehbaz Sharif. The market reached an all-time high of 82,720 points on Thursday, driven by a bullish sentiment as the KSE-100 index broke the 82,000-point barrier.
