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PSX witnesses major downturn as 100-Index dropped below 80,000-point mark

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KARACHI –  Pakistan Stock Exchange (PSX) witnessed a major downturn on the first day of the business week on Monday (today).

The benchmark 100-Index dropped below the 80,000-point mark due to a substantial decrease in various indices.

The trading activity reflected the trend with the 100-index trading at 79,753 points, and showed a decline of 364 points from the previous session at the Pakistan Stock Exchange.

Last week ended on a similarly negative note, as the PSX witnessed a downward trend at the onset of trading. Despite efforts during the day, the market closed at 80,116 points, and marked a decrease of 1,722 points by the end of trading.

The investors are closely monitoring the developments amidst these fluctuations in the market, and are struggling to seek insights into the factors influencing the current economic situation.

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