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Home Uncategorized

PSX sheds 525 points amid rupee slide

MM News Staff by MM News Staff
August 30, 2023
Reading Time: 1 min read

KARACHI: The Pakistan Stock Exchange (PSX) remained under pressure on Wednesday as the benchmark KSE-100 index lost over 500 points during trading.

KSE-100 index dropped by 525 points to close at 46,244.

According to economic experts, the fall in the KSE was due to a lack of clarity on politics and the economy.

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“An absence of triggers, with the next IMF review not due for several months, is also hurting the investment climate,” expert Jafri said.

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