Tag Archives: PSX witnesses its second-worst day of year

KARACHI: Bears tightened their grip on the Pakistan Stock Exchange (PSX) on Thursday as the benchmark index plummeted by around 1,250 points, or 2.7 per cent, driven by concerns about the country’s faltering economy, rumours of an impending interest rate hike, and the persistent depreciation of the rupee. It was the year’s second-biggest overnight decline in the benchmark KSE-100 index …

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