PSX loses 86 points after volatile trading day 1

PSX loses 86 points after volatile trading day

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Karachi: The Pakistan Stock Market 100 Index fell 86 points after the close of the first trading day of the week.

According to the detailed information, investors, unlike other parts of the country, are facing increasing uncertainty about the deterioration of the coronavirus situation in the country, and the Pakistani stock market is seeing the effects of this uncertainty.

On the first trading day of the week, the trend of selling stocks was very clear, and the 100 index also fell by more than 250 points on the day.

At the end of the trading day, as a result of the subsequent purchase of shares by investors, the 100 Index closed at 28,023 after falling 86 points.

The 100 Index declined 0.31% throughout the trading day, while the total volume was 1,277,645,166 shares.

On the other hand, crude oil prices have fallen to the lowest level in 17 years. Oil prices in the US fell by 5.2% to 20.39 cents a barrel. British crude oil prices fell 6.6% to £ 23.29.

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