Pakistan News

Why did PSX crash?

Pakistan Stock Exchange is witnessing a downward trend during trading.

Like the end of last week due to the Coronavirus, the start of a new week is seeing a downward trend in the business and the 100 index was stopped for 45 minutes for the fourth time in a few days.

At one point in the trading session, 100 Index was down 2068 points to 33992.

Apart from Pakistan, the global stock exchange is also seeing a negative trend.

Japan’s Nakai index is down 2.46 percent to 17002, while Hong Kong’s Hang Seng index is down 4.54 percent to 22950.

The Indian Sensex is down 5.47% to 32,241, while the Korean Kospi Index is down 3.19% to 1714.

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Hadi Hassan

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