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Tag Archives: 000 points on hopes of rate cut

Shares at PSX reverse losses, up more than 1,000 points on hopes of rate cut


March 14, 2024

After two consecutive sessions of selling pressure, some positivity returned to the Pakistan Stock Exchange (PSX) on Thursday after it gained more than 1,000 points in intraday trade. The KSE-100 index gained by 1,015.82 points, or 1.59 per cent, to close at 65,064.26 from the previous close of 64,048.44. Yousuf M. Farooq, director of research at Chase Securities, attributed the …

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