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Pakistan Stock Exchange crashes after losing 2,000 points

Pakistan Stock Exchange crashes after losing 2,000 points

KARACHI: Bloodbath at the Pakistan Stock Exchange (PSX) has continued as the KSE-100 Index lost over 2,000 points on Monday.

Trade was halted for 45 minutes after the stock exchange witnessed bearish trend today and the 100-Index initially fell of 34,000 points.

On the other hand, the value of the US dollar is continuing to surge against the Pakistani rupee.

Earlier, Lahore Chamber of Commerce and Industry (LCCI) President Irfan Iqbal Sheikh said the dollar prices have increased due to coronavirus and Pakistani exporters can take benefit from the situation.