Business
Pakistan Stock Exchange faces bearish trend
The hundred index drops 138 points to reach 43,760.
Karachi: After the historic surge witnessed yesterday, today the Pakistan Stock Exchange experienced a downward
After the historic surge witnessed yesterday, today the Pakistan Stock Exchange experienced a downward trend.
At the start of the trading day, the stock market succumbed to a bearish trend following a 700-point surge.
The hundred index dropped 138 points, reaching 43,760 points.
It is worth noting that yesterday, Pakistan Stock Exchange witnessed an unprecedented record-breaking surge after nearly a decade.
The market achieved a new milestone with an extraordinary gain of 2,500 points during trading hours.
Due to the exceptional bullish trend at the opening of the business day, trading was momentarily halted in the Pakistan Stock Exchange.
Trading activities were suspended for one hour on the Stock Exchange to stabilize the situation.