PSX experienced a major decline despite the central bank cutting its interest rate.
Karachi: The Pakistan Stock Exchange (PSX) experienced a difficult trading day as the benchmark 100 Index lost major ground during market operations. End-of-day trading saw the benchmark 100 Index decline by 1489 points as markets registered a final close at 112,030 points.
The 100 Index showed intense volatility throughout the trading session while fluctuating between 2209 points.
Trading data showed that 517.8 million shares changed hands for a total value of 29.2 billion Rupees throughout the day.
Market capitalization experienced a decline reaching 13.77 trillion Rupees after reducing 158 billion Rupees during the day.
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