PSX plummets ahead of monetary policy meeting

KARACHI: On Friday, the Pakistan Stock Exchange's (PSX) benchmark KSE-100 Shares Index lost 423.60 points or 1.09% to close at 38,407.98 points. During the intraday trade, the index went as high as 38,982.77 points and as low as 38,291.70 points. Moreover, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, January 23, to discuss the policy rate.