Due to the rise of the dollar, Pakistan Stock Exchange (PSX) falls over 500 Points.
Main Points:-
⦁ KSE-100 index settles at 42,237.91 points.
⦁ Market plunges over possible hike in the monetary policy rate.
⦁ Shares of 345 companies were traded during the session.
The market began its slide soon as the benchmark KSE-100 index plunged 582 points. The KSE-100 index is currently trading at 39,877 points.
The market’s decline with the rupee falling to an all-time low against the dollar for a second consecutive day.