Monday July 25, 2022

Bears Rules PSX, 100-Index Falls Below 40,000 Points

KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile trading session on Monday, as jittery investors continued to weigh the impact of domestic political turmoil and the depreciating local currency against the US dollar.

The benchmark KSE-100 index came under across-the-board selling pressure and ended the day in negative territory, once again falling below the 40,000-point mark.

On the domestic front, the political uncertainty stemming from the chief minister Punjab’s election hearing filed by the PTI dented the confidence of market players.

← Back>