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PSX posts massive losses throughout the week

PSX posts massive losses throughout the week

KARACHI: Pakistan Stock Exchange during the outgoing week lost a total of 2558 points or 8.34 percent of total volume.

During the week, index closed at 28110 points. The index also touched the six years low mark of 27229 points during the week.

Foreign selling amounted to 13.7 million dollars vs 19.6 million dollars in the preceding week resulting in a fall of just over 30 percent.

Share values suffered an erosion of Rs 433 billion to Rs 5474 billion during the past week.