PSX Market Summary: KSE 100 Index lost 580 Points

In PSX or Pakistan Stock Exchange, KSE 100 Index has observed a fall of over 500 points.

As per PSX market summary, the KSE 100 Index declined by 580 points in a single day.

The stock exchange faced the downfall cause of bearish trend in the Asian Stock Markets during coronavirus threat and rising in inflation, as per mentioned by the economist experts.

Hong Kong, stock market has gone up around 4.5% in present week, and 0.3% lower, although Tokyo reduced 0.2%.

Singapore and Taipei equally fell more than 1%, whereas Seoul fell at 0.7 %, Sydney shed 0.4% and Mumbai dropped 0.5%. On the other hand Manila and Bangkok were level.

But, Shanghai added 0.3% to recover four straight days as it improves from a near 8 % fall suffered Monday, when it again started later the Lunar New Year holidays.

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Rida Shahid
Rida Shahidhttps://hamariweb.com/
Rida Shahid is a content writer with expertise in publishing news articles with strong academic background in Political Science. She is imaginative, diligent, and well-versed in research techniques. Her essay displays her analytical style quite well. She is currently employed as English content writer at hamariweb.com.

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