Pakistan Stock Exchange Snaps Losing Streak with Significant Gains

Bulls snap losing streak as PSX gains 2,500 points during intraday trade

The Pakistan Stock Exchange’s (PSX) benchmark index snapped a two-day losing streak on Wednesday, gaining more than 2,500 points during early trade. The KSE-100 index initially rose 3,133 points at 10:06am from the previous close of 173,518.81 points. By 10:14am, it came down a little but was still up 2,664.88 points. Mettis Global, a web-based financial portal, said the KSE-100 index was rebounding from the previous session’s steep losses as investors engaged in value buying after heavy sell...

By none@none.com (News Desk)