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Market cautious: PSX enters consolidation phase pre-budget

The benchmark KSE-100 index closed the week down by 546 points, marking a 0.46% decline, settling at 119,103

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The Pakistan Stock Exchange remained range-bound this week, struggling for the third time to break past the 120,600 level. Investor sentiment remained cautious as the market awaited the announcement of the next fiscal year’s budget, set for June 10.

The benchmark KSE-100 index closed the week down by 546 points, marking a 0.46% decline, settling at 119,103.

Tune in to Stock Watch, where Nukta presenter Shuja Qureshi sits down with Shahbaz Ashraf, CIO at FRIM Ventures, and Shahrique Khan, EVP and Head of Sales at JS Global Capital Limited, for an in-depth discussion on the market outlook and key factors influencing stock prices in the coming days.

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