Bloodbath as PSX crashes amid heightened political situation
100 Index of the Pakistan Stock Exchange fell by 3,800 points to 95,500
Published a month ago on Nov 26th 2024, 1:03 pm
By Web Desk
Karachi: After continuous growth and positive sentiments, the Pakistan Stock Exchange (PSX) witnessed a bloodbath on Tuesday, recording 3,800 points nosedive and shattering the confidence of investors.
The growing political tensions between the PML-N-led government and the PTI adversely impacted the stocks.
The 100 Index of the Pakistan Stock Exchange fell by 3,800 points to 95,500.
Earlier, the Index also reached a new high of 99,819 points during trading.
At the end of trading yesterday, the index closed at 98,079 points.
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