December 5, 2024
Business

The stock exchange was still bearish today, falling below the psychological level of 59000 points

KARACHI: The psychological level of 59000 points fell due to strong bearish trend in Pakistan Stock Exchange.

On Wednesday, the stock market also opened with a bearish start and the PSX recorded a decline of 362 points and the index also fell below the psychological limit of 59,000 points.

On the stock exchange, the KSE 100 index fell to a level of 58808 points. It should be noted that the psychological level of 60,000 points fell in the Pakistan stock market due to the severe recession yesterday.

Meanwhile, the dollar continues to depreciate slightly against the rupee in the interbank market. The dollar fell by 24 paisa to 282.13 paisa in the morning on Wednesday.

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