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Tag Archives: PSX plunges over 700 points as investors anticipate rate hike

PSX plunges over 700 points as investors anticipate rate hike


August 29, 2023

The Pakistan Stock Exchange (PSX) witnessed accelerated selling pressure on Tuesday as the benchmark KSE-100 index registered a loss of over 700 points by the end of the trading session. The market stood at 47,344.53 at 10am and slid to 46,634.48 by 1:40pm, 844.13 points below the closing rate of the previous session. It eventually settled at 46,770.41, 708.20 points …

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