Karachi: On Monday, the Pakistan Stock Exchange (PSX), KSE100 has lost more than 180 points due to an uncertain economic and political outlook. The KSE100 index supported a range session that ended on a bearish grade. Technology, banking, and oil sectors observed selling pressure. In addition, the depreciation of the rupee against the US dollar, along with uncertainty over the International Monetary Fund (IMF) program, hit investor enthusiasm.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

UK agency keeps Strait of Hormuz threat level at highest

The UK Maritime Trade Operations agency says the security threat in the…

Taiwan’s leader visits Central America

Taiwan’s Tsai Ing-wen has arrived in Guatemala on a visit to shore…

US to pull some personnel from the Middle East amid rising tensions with Iran

President Donald Trump said on Wednesday US personnel were being moved out…

Syria extends voting hours as citizens cast ballots in historic first elections since Assad’s fall

Syrian authorities extended voting hours in Damascus and several major cities in…