KARACHI: The Pakistan Stock Exchange has announced to observe only one trading session every Friday until the lockdown continues.
The implications will take effect from tomorrow and shall remain applicable until further notice. PSX remained under severe selling pressure and the KSE-100 index plunged by 8,752 points during March 2020, the worst ever monthly decline after December 2008.
The index has declined by 28.2 percent during the first quarter of the current calendar year. The KSE-100 index recorded its largest weekly decline since 2008 during the third week of the outgoing month.
The PSX on Wednesday continued with the bullish trend for the third consecutive day as KSE 100 index closed at 29,505.57 points as compared to 29,231.63 points on the last working day with the positive change of 273.94 points.
Read more: Trading halted at PSX as KSE 30 index drops 5.53 percent
