PSX continues with a bearish trend after budget 2020-21
On the first day after the budget, the stock market crashed.
Baaghi TV: Pakistan stock market witnessed the worst decline in the first trading day after the budget, the 100 index fell 786.72 points. Due to which the psychological limit of 34 thousand was changed once again.
Uncertainty prevailed at the start of the trading session, which saw a decline of more than 262 points in the first two hours.Followed by a 500-point decline in the index after 12 noon.
The downtrend continued, with the Pakistan Stock Exchange closing at 786.72 points.Closing the index at 33824.51 points.
During the entire trading day, the business saw a decline of 2.27%,while 16 crore 45 lakh 16 thousand 745 shares were traded.After which billions of rupees of investors sank.
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