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PSX witnesses negative trend, investors face losses

PSX witnesses negative trend, investors face losses

Business

100-index closes with decrease of 230 points at the level of 78,571 points

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KARACHI (Dunya New) – The investors have faced loss of millions of rupees as the Pakistan Stock Exchange (PSX) witnessed a negative trend in the market. 

The market recorded an increase of 199 points in the beginning of the first day of the week. 

However, the 100-index closed with a decrease of 230 points at the level of 78,571 points.  

Earlier, PSX opened on a positive note on Monday and breached psychological barrier of 79,000 points.  

On the first day of the current business week, the KSE-100 index gained 199.64 points in the early trade to go up to 79,001.07.  

The PSX had witnessed a see-saw trend last week and closed at 78,801 after gaining just eight points.