It seems the Pakistan Stock Exchange (PSX) is unable to shrug off the economic uncertainty generated by the coronavirus pandemic, as it witnessed another day
When the session was closed on Monday, the index stood at 31,032.99 after starting the day from the level of 32,033.20. A total of 126,266,592 shares were traded during the day.But if we look at the downward trend being witnessed by the market, it began on March 6 with the index closing the session a day earlier at 39,382.11. Less than three weeks later, it reached 27,228.80 on March 25.
So it wasn’t a surprise that the stock market was unable to sustain this short-lived sequence of gains as the index went nowhere since then and currently stands at 31,032.99. Earlier on Friday, the PSX had managed to end the session in positive territory after struggling earlier in the day, as the KSE-100 Index closed at 32,033.20 after gaining 195.90 points.
With the warnings about the possible recession and a high rate of population growth amid a paralysed economy, it is feared that the people will face tough times in the days ahead.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
Similar News:آپ اس سے ملتی جلتی خبریں بھی پڑھ سکتے ہیں جو ہم نے دوسرے خبروں کے ذرائع سے جمع کی ہیں۔
FPCCI hails Rs 100 billion packages to industrial sector by govtFPCCI said the whole world including the potential market of Europe Union (EU) was affected by virus
مزید پڑھ »
Embassy casts doubts on reports of 100 Pak-American deaths in New YorkThe Pakistan Embassy in the US has brushed aside as “guesstimates” media reports about the death of more than 100 Pakistani-Americans in the New
مزید پڑھ »
اٹلی اور فرانس میں کورونا کیسزمیں کمی،چین میں 100 نئے کیسز منظر عام پراٹلی اور فرانس میں کورونا کیسزمیں کمی،چین میں 100 نئے کیسز منظر عام پر CoronavirusOutbreak Italy France CoronaCases China NewCases WHO StayAtHomeAndStaySafe XHNews
مزید پڑھ »
FPCCI hails Rs 100 billion packages to industrial sector by govtFPCCI said the whole world including the potential market of Europe Union (EU) was affected by virus
مزید پڑھ »
Embassy casts doubts on reports of 100 Pak-American deaths in New YorkThe Pakistan Embassy in the US has brushed aside as “guesstimates” media reports about the death of more than 100 Pakistani-Americans in the New
مزید پڑھ »
Pandemic a 'perfect storm' for South Asia, World Bank saysSouth Asia finds itself in a perfect storm of adverse effects: World Bank
مزید پڑھ »