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Stock market rises after yesterday’s crash

MM News Staff by MM News Staff
February 4, 2020
Reading Time: 1 min read
Stock market rises after yesterday's crash

Stock market rises after yesterday's crash

KARACHI: After the bearish starting trend of the week yesterday, Pakistan Stock Exchange witnessed a sharp uptrend today (Tuesday).

Today, at the start of the trading day the index witnessed a sharp rise of 200 points in the first two hours and the index was restored to 40,600.

However, the index reached 40,522.08 points during the next two hours following a slight downward trend.

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The benchmark KSE 100 index at the Pakistan Stock Exchange saw an increase of 474.87 points (0.01%) to close at 40,884.25 points.

Yesterday, the stock market plummeted by over 1200 points due to the high inflation reading and the impact of the coronavirus in China.

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