PSX loses 2,000 points during intraday trade as bearish momentum persists

The Pakistan Stock Exchange’s (PSX) benchmark index continued to witness bearish momentum on Monday as the market plunged by over 2,000 points during intraday trade. The KSE-100 index declined by 2,171.16 points or 1.31 per cent to stand at 163,424.91 points from the previous close of 165,596.07 points. Most Asian shares were lower in morning trade on Monday, extending slides in global markets, as the impasse in the Middle East drove oil prices more than two per cent higher. Investor sentimen...

By none@none.com (News Desk)