Tag Archives: Meltdown at PSX as benchmark sheds over 900 points over rupee’s record fall

The Pakistan Stock Exchange (PSX) witnessed intense selling pressure on Tuesday as the benchmark KSE-100 index lost over 900 points. The market’s decline coincided with the rupee falling to an all-time low against the dollar for a second consecutive day. According to the PSX website, the KSE-100 Index opened at 41,367.11 points and went up 176 points initially. However, after 10:30am the …

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