The Pakistan Stock Exchange (PSX) continued its losing streak on Friday as the benchmark KSE-100 index lost over 1,400 points.
At close, the benchmark KSE-100 index was down 1,432 points, showing a negative change of 0.88 percent, to close at 163,098 points.
A total of 1,401,248,178 shares were traded during the day compared to 1,570,375,438 shares the previous day, whereas the share value stood at Rs. 47.79 billion against Rs. 50.52 billion on the last trading day.
As many as 479 companies transacted their shares in the stock market, out of which 145 recorded gains, 302 sustained losses, whereas 32 remained unchanged.
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Earlier in the day, Finance Minister Muhammad Aurangzeb said Pakistan has had very constructive discussions with the International Monetary Fund (IMF) mission, expressing confidence that the remaining matters are not showstoppers.
He voiced optimism about concluding a staff-level agreement (SLA) early next week during his visit to Washington, accompanied by the State Bank of Pakistan (SBP) governor and the finance secretary.
