Stocks falter after crossing 126,500-point barrier
KARACHI: After reaching an unprecedented peak above 126,500 in early trade on Thursday, the Pakistan Stock Exchange (PSX) suffered marginal losses as investors opted to take profits at inflated levels towards the end of the session, forcing the benchmark KSE 100 index to close in the red.
Ali Najib, Deputy Head of Trading Arif Habib Ltd, said the market witnessed a dramatic session on Thursday, with the KSE-100 index closing at 124,093.12, down 259.56 or 0.21 per cent day-on-day. The day began on a strong note, carrying forward Wednesday’s bullish momentum........
© Dawn Business
