PSX on Tuesday lost over 850 points due to which the investors had to bear loss of billions.


Karachi: The Pakistan Stock Exchange (PSX) on Tuesday lost over 850 points due to which the investors had to bear loss of billions.
The investor trust has been harmed in part because of the ongoing demonstrations against the excessively high electricity bills, as it is now considerably more challenging to collect the debt owed by power distribution companies.
Because of this, the energy sector is leading the market downturn, but commercial banks, cement, chemicals, and the automotive industry are also under pressure.
No relief from inflation, on the other hand, is one of the factors contributing to fear since, if this trend continues, there will be no improvement in the cost of production, the cost of conducting business, or the level of domestic consumption.
The KSE-100 Index has so far during the session slid to a low of 46,598.23 and a high of 47,372.08, indicating that the market is now below the 46,000 thresholds.
The KSE-100 Index had a Monday closing value of 47,478.61.
Trump says he disagrees with UK on recognising Palestinian state
- 5 hours ago

Flood threat rises in Sindh as water flow increases at Sukkur and Kotri Barrages
- 7 hours ago
Israeli aggression continues in Gaza as 48 more Palestinians martyred
- 4 hours ago
US-UK sign major technology partnership during President Trump's visit
- 7 hours ago
Drone from Yemen crashes near hotel in Israeli city of Eilat
- 4 hours ago

Google Discover feed gets major upgrade with social media posts and shorts
- 5 hours ago
50 Sudanese migrants killed as boat capsizes off Lebanon coast
- 8 hours ago

ECC approves final Reko Diq agreements
- 5 hours ago
Qatar plans ICC case over Israeli airstrike on Doha building
- 4 hours ago
Rupee strengthens against dollar in interbank and open markets
- 7 hours ago

Over 140,000 students register for MDCAT 2025
- 4 hours ago

Tragic electrocution claims lives of father and son in Karachi
- 4 hours ago