On Tuesday, Pakistan Stock Exchange’s (PSX’s) benchmark KSE-100 index shed 796.48 points and closed at 44,948.52. This occured due to the tension surrounding the recently announced agreement with the International Monetary Fund (IMF) dulled investor sentiments.
The market started on a positive note to reach a midday high of 45,915.61, with a rise of 170.61 points, within the first hour of the session.After 3pm, the index fell to an intraday low of 44,881.15, a slump of 863.85 points, and then increased to 796 points in the end.

Leave a Reply

Your email address will not be published.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

You May Also Like

Rupee continues to extend losses against Dollar

Karachi: On October 28, the Pakistani Rupee registered losses for the third…

‘Use less petrol to avoid price hike’: Shibli Faraz

Islamabad: On Wednesday, following the hike in the prices of petroleum products…

Pakistani rupee continues its downslide

Karachi: The declining trend of rupee continued on Wednesday as the currency…

Trump names 5 cryptocurrencies for national reserve, sending prices soaring

US President Donald Trump on social media announced the names of five…