PSX falls below 43,000 level in choppy session

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Pakistan Stock Exchange (PSX) witnessed a choppy session on Thursday amid rupee’s depreciation, with the benchmark KSE-100 Index shedding 43.43 points (-0.10 percent) to close at 42,983.45 points.

The market opened on a negative note but soon switched towards the green territory. The market remained mostly in the green territory for more than the first four-and-a-half-hour trading. Later, bears made a comeback on the backdrop of the rupee’s depreciation, which fell to 200 against the US dollar in the interbank market.

 

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