The Pakistan Stock Exchange (PSX) witnessed a significant recession, in which the benchmark index fell from 1,411.65 points to 112,108.67, on Tuesday 11:45 pm.
This reduction was driven by widespread energy stocks, including Hubco, Mari, OGDC, PPL, PSO, Shell, SSGC, and SNGPL, which less trade Were
In particular, this fall came despite the State Bank of Pakistan (SBP) decision on Monday. SBP Governor Jamil Ahmed announced the decision during a press conference in Karachi, citing detailed discussions of the Monetary Policy Committee.
The PSX KKSE -100 Index also experienced a downturn trend on Monday, which on January 27, down 114,880.49 points to shut down at 113,520.32 points, 1,360.16 points, or 1.18 % Closed.