Pakistan Stocks Exchange crashes with 1000 points decrease

Pakistan Stocks Exchange on Monday the first day of the business week witnessed a huge blow as the 1000 points decreased in index.

As per details, KSE 100 Index came down to the level of 40625 points.

The PSX continued its bearish trend of last week and plunged 1000 points.

According to the economic analysts, the market has witnessed crash due to increasing inflation and bearish trend in the Asian Stock Markets amid coronavirus threat.

It may be noted that the Pakistan Stock Exchange’s (PSX) KSE-100 index had closed at 41,630.93 points on the last working day with a negative change of 272.57 points.

A total of 193,866,160 shares were traded on Friday.