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PSX closes under pressure amid global sell-off, recession fears

Summary by humenglish.com

KARACHI: The Pakistan Stock Exchange (PSX) closed under pressure on Friday, despite an intraday rally, as global equities tumbled on mounting recession fears, analysts said. The benchmark KSE-100 index shed 146.45 points (-0.12 per cent), settling at 118,791.66. Despite weak global market sentiment, PSX surged to a record 120,796.67 points during intraday trading on expectations of improved corporate earnings following the government’s decision …

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PSX could not maintained bullish trend ended losing 146 points

Karachi: The Pakistan Stock Exchange (PSX) could not maintained its bullish trend after achieving milestone and surpassing the psychological barrier of 1,20,000 points during the morning session trading today. The 100-Index of the Pakistan Stock Exchange (PSX) turned around to bearish trend later in the day losing 146.45 points, while closed at 118,791.66 points. A total of 553,668,391 shares were traded during the day as compared to 422,702,593…

18 hours ago

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