Ever since the general elections, the Pakistan Stock Exchange has been in a downward trend.
Even on Monday, the first day of the business week, investors’ confidence could not be restored. The business started with a negative trend.
The pressure was intense in the initial moments, resulting in a 670-point drop in the benchmark SE 100 index.
The KSE 100 index closed at 69640 points after a decline of 670 points.
Business analysts say that government formation is facing extraordinary complications due to the emergence of a hung parliament as a result of the general elections. As a result, the business environment has been adversely affected. The confidence of investors in the stock market has not been restored yet.
The KSE 100 index had lost more than 1,000 points when the stock market opened on the day after the general elections. This trend has been maintained throughout the week.