BusinessUnfavourable buying and selling pattern in PSX on the second day of...

Unfavourable buying and selling pattern in PSX on the second day of the brand new yr

Photograph: File

After a surge of 2000 factors on the primary day of the brand new yr, the Pakistan Inventory Trade (PSX) had a destructive buying and selling pattern on the second day of the yr.

The PSX benchmark 100 index opened buying and selling on the second day of the yr up greater than 400 factors to over 65,000 factors.

Nevertheless, the optimistic pattern steadily eased, the index ended the enterprise day down 312 factors at 64,349.

The 100 index remained within the band of 1,120 factors through the enterprise day.

671.6 million shares price greater than 24 billion 45 million rupees had been traded within the inventory market in the present day.

Equally, the market capitalization in the present day decreased by 50 billion rupees to 9 thousand 292 billion rupees.

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