KSE-100 Index Fall More Than 1000 Points In Intraday Trade

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KSE-100 index fall more than 1000 points in intraday trade

Stock market saw a bearish trend with the Index reaching 42,424, down by more than a 1000 points.

KARACHI: (UrduPoint/Pakisatan Point News-May 16th, 2022) pakistan stock exchange witnessed negative trend as the KSE-100 index fell more than 1000 points in intraday trade.

At the start of the trading week, the stock market saw a bearish trend with the Index reaching 42,424, down by more than a 1000 points.

On the other hand, U.S. Dollar is once again went up to its peak against Pakistani Rupee.

The greenback has been trading around 194 after gaining 1 Rupee 43 Paisa against the local Currency in the interbank market.

Abdullah Hussain

Abdullah Hussain is a staff member who writes on politics, human rights, social issues and climate change.