BUSINESSDAWN
PSX tumbles by over 2,900 points during intraday trade
The Pakistan Stock Exchange’s (PSX) KSE-100 index fell by 2,939.51 points (1.58%) during intraday trade on Wednesday. The decline followed a five-day bullish streak broken on Tuesday and was attributed to profit-taking after a recent rally, falling energy prices, potential interest rate cuts, and selling pressure across key sectors as noted by Topline Securities Ltd.
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