The stock market index was trading at 44,280, down 574 points during the trading day at the Pakistan Stock Exchange on Thursday.
According to the data released by the Pakistan Stock Exchange, at 10:41 a.m., the 100 Index was trading at 44,275 points, down 575 points.
The stock market is on a downward trend due to fall in share prices of technology, automobile and cement sectors.
According to the stock exchange report, the share price of T World Telecom Limited decreased by 1.39% to Rs 2.13, the share price of TRG Pakistan Limited decreased by 7.49% to Rs 81.74 and the share price of Indus Motor Company Limited decreased by 0.78% to Rs. Two hundred and 89 rupees.
According to experts, sales of cement declined by 4.2% in December, causing concern among investors. ۔
In addition, global crude oil prices have reached 87 87 a barrel, the highest level in seven years, which investors believe will increase Pakistan’s trade deficit.
According to the Federal Bureau of Statistics, from July to December, the volume of domestic imports increased by 66% to ارب 40.58 billion. Increased to .4 25.47 billion.
