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PSX Rebounds, Gains Over 2,500 Points After Two-Day Losing Streak

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PSX Rebounds, Gains Over 2,500 Points After Two-Day Losing Streak
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At a glance

  • The PSX benchmark index gained over 2,500 points on Wednesday.
  • The KSE-100 index rebounded after a two-day losing streak.
  • Investor sentiment improved due to international developments.

Story so far

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 its previous close of 173,518.81 points. By 10:14am, it was still up 2,664.88 points, and by 9:38 am, the index was hovering at 176,192.90, up by 2,674.09 points or 1.54%.

Latest development

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, with the KSE-100 index rising by 2,674.09 points or 1.54% to 176,192.90 by 9:38 am.

Sources and updates

Usama MehboobUsama MehboobEditor
Categories: Business & Economy
Tags: , , ,

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