PSX opens week in the red, plummets 2,000 points during intraday trade

The Pakistan Stock Exchange (PSX) began the week in the red, with the benchmark index plummeting by 2,000 points during intraday trade on Monday. The KSE-100 index lost 2,215.27 points at 10:19am, to stand at 180,026.5 points from the previous close of 182,241.77 points. Mettis Global, a web-based financial portal, said market sentiment remained under pressure after the US and Iran exchanged fresh strikes in an escalating contest over control of the Strait of Hormuz. Oil prices also jumped mo...

By none@none.com (News Desk)