Pakistan’s weight in the MSCI Frontier Markets Index declined from 5.8% to 4.8% in the latest semi-annual review, reflecting weaker performance in the country’s listed companies compared to other frontier markets. Analysts said the decline mainly resulted from a nearly 13% fall in the market capitalisation of existing Pakistani companies included in the index. According […]
frontier markets
PSX slips 418 points in volatile session
Trading at the Pakistan Stock Exchange (PSX) turned choppy on Wednesday as investors locked in gains. The KSE-100 index fell 418.47 points, settling at 174,054.32. Early bullish momentum faded amid broad-based profit-taking across major sectors. The index started strong, reaching an intra-day high of 175,232.90 and briefly crossing 175,000 points. However, enthusiasm waned, and selling […]