Bearish trend in PSX on first day of the week
KARACHI : Pakistan Stock Exchange (PSX) 100-index faces a major turmoil today as PSX-100 index plunges by more than 1,200 points comes down to level of 29000, index above.
According to the experts, Pakistan Stock Exchange is facing the consequences of dismal performance of Asian Markets.
On the other hand, gas and oil sectors are also heading downhill owing to falling prices in international market.
On January 16, PSX down 5% in first trading week, index ended with 31,001.49 after falling from high of 31,637.22. In the last week also, the trading business maintained low figures when 1,533 points were squeezed out.