KARACHI: Bears dominated Pakistan Stock Exchange (PSX) on the last trading day of November, with the benchmark index shed over 350 points on the MSCI rebalancing day.
Investor mood remained sombre ahead of Morgan Stanley Capital International’s (MSCI) reclassification tomorrow (December 1).
Accumulating 427.55 points, the benchmark index recorded an intra-day high of 45,757.60. However, in the second half of the session, the index failed to sustain the gains, dropping to day’s low of 44,727.96. At close, the benchmark KSE-100 index shed 257.67 points, or 0.57%, to close at 45,072.38.
