PSX Index Declines By 3.32%WoW – OpEd
Pakistan Stock Exchange (PSX) remained highly volatile throughout the week ended on April 11, 2025, with investors reacting to the US imposing reciprocal tariffs on all the countries, 29% tariffs on Pakistan. This eroded investor confidence causing KSE-100 index to fall by 3,938 points or 3.32%WoW during the week, closing in at 114,853 points.
On the first trading day, KSE-100 fell by as much as 7.3% with a market halt in order to control volatility, with the index recovering by day end, closing in at negative 3.3% by day end. However, with the US changing its stance on the tariffs imposed by announcing a 90-day pause on tariffs on all countries, keeping 10% base tariffs intact, except for China, KSE-100 index posted an........
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