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Your email address will not be published.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

Hormuz will open ‘very soon’ or Iran will be ‘hit very hard’: Trump 

US President Donald Trump has said that the Strait of Hormuz is…

Nearly 26 million people in Sudan are ‘acutely hungry’: UN

UN spokesman Stephane Dujarric expressed concern over the worsening food situation in…

Netanyahu says Israel’s military presence in new areas of Syrian territory is ‘temporary’

Prime Minister Benjamin Netanyahu’s office reiterated that Israel’s military presence in new…