IMF new demands: KSE-100 crashes below 40,000 barrier; shares plunge 434 points
Pakistan stocks volume loses
Pakistan Stock Exchange. PHOTO/FILE
Amid IMF Staff Level Agreement (SLA) uncertainty looming over country’s economy, Pakistan Stock Exchange (PSX) benchmark KSE-100 Index lost 1,335 points to close at 39,942 down -1.08 per cent on Friday.
The trading volume was also low with only Rs467 million shares trade.
Read Also: KSE-100 index slide continues amid IMF deal uncertainty
On Wednesday, Pakistan Stock Exchange KSE-100 index could not come out of recession even on the second day of the trading week, and fell by 40 points.
The KSE-100 index fell by 40 points and closed at 40,878 points.
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