Pakistan
Bearish sentiments prevail as KSE-100 index sheds 641 points
Investors opted for selling shares in the wake economic uncertainties
Karachi: Investors went for selling spree at the Pakistan Stock Exchange (PSX) on Wednesday as the benchmark KSE-100 index shed 641.21 points.
The PSX lost almost 1,500 points two days ago amid uncertanity about the IMF programme and declining value of Pkaistani currency.
According to the PSX website, the KSE-100 Index opened at 43,504.36 points and made a high of 43,649.59 points. It then started going down before closing at 42,863.15 points, which represented a decline of 641.21 points.