Home / LATEST NEWS / Pakistan Stock Exchange cautious slowly showed of PTI’s planned protest

Pakistan Stock Exchange cautious slowly showed of PTI’s planned protest

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KARACHI,Pakistan (TNO) Pakistan Stock Exchange on first session of new week took a breather after heavy onslaught of last five sessions as some fresh investment poured in from domestic financial institutions, mutual funds and some overseas investors.The Pakistan Stock Exchange (PSX) 100-index commenced on a cautious note but slowly showed some recovery under the lead of K-Electric, some banks and gas companies’ shares.The 100-index made a high of 40,090 points and was trading above 40,000 level after last week s onslaught.The index suffered a loss of 1419 points during the preceding week, while since its high of 41545 points attained on October 20, registered a decline of more than 1600 points.K-Electric shares led the volume on the development that Shanghai Electric, a state run company has finalized plan to buy shares of K-Electric for $1.7 billion.

 

 

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