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Trading Halted At PSX After KSE-100 Index Declines Over 1200 Points

KARACHI UpDates – Trading was ended at the Pakistan Stock Exchange (PSX) not exactly an hour into the morning meeting on Wednesday after the benchmark KSE-100 file declined in excess of 1200 focuses.

In the mean time, the benchmark KSE-100 record failed more than 4 percent — 1270.05 focuses — to arrive at 27,294.78. The KSE-30 file shed 5.33pc to arrive at 11,859.77 at 12:29pm, when exchanging was brought to an end.

As per the new guidelines embraced by the Securities and Exchanges Commission of Pakistan considering the uncommon circumstance welcomed on by the infection flare-up, edge for exchanging end singular stocks has been updated – from 7.5pc to 5pc – and that for a more extensive market end has likewise been changed from 5pc tp 3pc connected to the huge top KSE-30 file.

Dollar arrives at 162

US dollar came to Rs162 after Rs3 climb in interbank.

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