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PSX plunges over 1100 points in intraday trade

PSX plunges over 1100 points in intraday trade

Business

Stock market saw a negative trend with the Index reaching 42,424, down by more than a 1100 points.

 KARACHI (Dunya News) – Pakistan Stock Exchange witnessed a bearish trend as the KSE-100 index fell more than 1100 points in intraday trade.

At the beginning of the trading week, the stock market saw a negative trend with the Index reaching 42,424, down by more than a 1100 points.

On the other hand, U.S. dollar is once again reached up to its peak against Pakistani Rupee.

The greenback has been trading around 194 after gaining 1 Rupee 47 Paisa against the local currency in the interbank market.