Business & Economy

PSX Faces Negative Trend Today

PSX News

Karachi: The Pakistan Stock Exchange (PSX) witnessed sharp volatility on Friday, where buying by investors in the early session pushed the index higher, but heavy selling pressure at the end of the day dragged the market into a bearish zone.

During trading, the Benchmark 100 Index at one point rose by 565 points to a high of 123,327 points. However, after that, profit-taking by investors and uncertain economic factors led to rapid selling, as a result of which the index closed at 122,046 points, down 715 points at the end of the day.

Business Desk

About Author

Leave a comment

Your email address will not be published. Required fields are marked *

You may also like

Gold
Business & Economy

Gold Hits Record High of Rs 274,000 Per Tola in Pakistan

Karachi: The All Pakistan Gems and Jewellers Association reports that gold prices in Pakistan today increased significantly, by Rs 1,400
FILE PHOTO
Business & Economy

Reports from SBP show that foreign investment in Pakistan saw an 11.58% increase in 2024.

Foreign direct investment into Pakistan increased significantly in the first eleven months of 2024, according to data released by the