PSX sheds 192 points

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The Pakistan Stock Exchange (PSX) remained bearish for the second straight day on Wednesday due to rupee depreciation against the US dollar, ongoing rollover week and situation in Afghanistan, with the benchmark KSE-100 Index shedding 192.81 points (-0.4 percent) to close at 47,635.9 points.

The market opened on a positive note and gained 88 points in the early hours; however, it switched towards the red zone later on and remained there till the end of the session.

The KSE-100 Index moved in a range of 298.8 points, showing an intraday high of 47,916.7 points.— TLTP

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