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Another meltdown at PSX as KSE-100 loses over 5,400 points

The Pakistan Stock Exchange’s (PSX) benchmark index KSE-100 began another week on a low note, crashing more than 5,000 points during intraday trade on Monday. The development led to the market being suspended as per the protocol. The KSE-100 index declined 5,478.63 points, or 3.16 per cent, to stand at 167,691.08 points from the previous close of 173,169.71 points at 1:30pm. This marks at least the third major meltdown at the PSX in the past two weeks, with KSE-100 losing 5,149.80 points on F...

23 Feb, 08:52 — 23 Feb, 08:52
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