Profit-taking snaps record streak at PSX

KARACHI: The Paki­stan Stock Exchange (PSX) ended lower on Wednesday as investors took to profit-taking, causing the benchmark KSE 100 index to snap its record-setting str­e­ak on the eve of Indepe­ndence Day.

According to data from Topline Securities Ltd, after a strong start, the local bourse struggled to maintain its early momentum. The session opened on a positive note, with the KSE 100 index rising by as much as 886 points.

Howe­ver, the gains proved short-lived as selling pressure gradually took hold, pushing the index down........

© Dawn Business