Monday, October 14, 2024

Pakistan Stock Exchange Falls Below 40.000 Points as Devaluation of Pakistani Rupee Continues

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.

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