KSE-100 plunges below 170,000-mark as bears maintain control of PSX

The Pakistan Stock Exchange (PSX)’s benchmark index KSE-100 continued its bearish momentum, diving over 2,700 points during intraday trade on Thursday. KSE-100 declined by 2,751.06 points or 1.60 per cent to stand at 168,828.24 from the previous close of 171,579.30 points. Developments in the Middle East following a stalemate over holding a second round of US-Iran talks have continued to influence market sentiment. On Wednesday, nervousness persisted on the PSX amid a resurgence in oil p...

By none@none.com (News Desk)