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PSX Sees Sharp Decline of Over 1,000 Points Amid Escalating Tensions with Iran

by Web Desk
January 18, 2024
in Business
Reading Time: 1 min read
0
PSX Sees Sharp Decline of Over 1,000 Points Amid Escalating Tensions with Iran
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The Pakistan Stock Exchange PSX-100 index plummeted for the fourth consecutive day, losing 63,000 points due to the current situation in Iran and Pakistan.

The tense situation between Pakistan and Iran created concerned for businesses and investors, as the KSE-100 slid 1,000 points during trading to 62,820.

The stock market is experiencing selling pressure, despite positive economic news. At the opening of the trading session, the KSE-100 index witnessed a decline of 400 points, dropping to 63,150 points.

Tags: PSX
Web Desk

Web Desk

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