Pakistan Stock Exchange feels the heat of PM resignation demand
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KARACHI – The Stock Exchange of Pakistan PSX has been facing deep steep since the Panama JIT Report surfaced on Monday and subsequent demand made by opposition to step down.
Political unrest in Islamabad continues to hurt the Pakistan Stock Exchange (PSX) as 100-index has lost 2481 points by the end of Wednesday’s session.
100-index ended on 43,792 points as almost twenty five hundred points were lost within a single day. It was estimated that investors lost due to political situation has become worse in the past couple of weeks after Panama case Joint Investigation Team JIT Report.
It was observed that the number of those selling their market shares escalated with respect to buyers. Earlier today, it was reported that 100 index dropped in the training session, but the number spiked in no time till the end.
