Bearish wave in stock exchange, psychological level of 80 thousand points fell

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Bearish wave in stock exchange, psychological level of 80 thousand points fell
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Bearish wave in stock exchange, psychological level of 80 thousand points fell

Karachi:A new condition for the IMF’s new loan program to end the transfer of ownership and assets of state-owned for-profit enterprises to the sovereign wealth fund and directives to enact effective privatization laws will increase pressure on investors to seek immediate returns. The Pakistan Stock Exchange remained bearish after the volatility on Wednesday.

The fall in the stock exchange also saw the index fall below the psychological level of 80,000 points. Due to recession, 55% share prices fell while investors lost 76 billion 23 crore 53 lakh 58 thousand 629 rupees.

Although the stock market opened with a 300-point jump, the market fell due to intermittent profit-taking, resulting in the KSE 100 index falling 830.51 points to 79,841.55 at the end of the session. But closed.

Similarly, the SE 30 index closed down 1.11 points at 25468.57 points, the KMI 30 index closed at 127118.94 points, down 1391.38 points and the KMI All Share Index closed at 35415.88 points, down 188.86 points.

The business volume was 19% lower than Tuesday and a total of 49,59,10,236 shares were traded, while the scope of business activities was limited to 440 shares of companies, in which 153 shares increased in price, 241 decreased in price and 46 decreased in price. I was stable.

 

The post Bearish wave in stock exchange, psychological level of 80 thousand points fell appeared first on Express Urdu.

Bearish wave in stock exchange, psychological level of 80 thousand points fell

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