Equities fall below 165,000-mark |
KARACHI: The Pakistan Stock Exchange (PSX) continued its downward trajectory as the conclusion of the IMF’s economic review failed to deliver a staff-level agreement (SLA). The benchmark KSE-100 index recorded losses for the fourth consecutive session, closing below the 165,000-point mark amid persistent profit-taking.
According to Topline Securities, the session began on a positive note with the index climbing by 1,463 points, buoyed by improved investor sentiment. This optimism stemmed from reports that the IMF had shared a draft........