Abb Takk News

PSX Plunges Over 100 Points

KARACHI: The Pakistan Stock Exchange (PSX) closed the futures rollover week on a negative note with a loss of over 100 points.

The index oscillated between red and green zones as certain sectors experienced selling pressure. Investors were concerned over the subdued economic growth and dismal economic numbers, which prevented the market from advancing further.

However, encouraging corporate results coupled with an appreciation in the Pakistani rupee helped the index arrest a major decline.