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HomeBusinessPSX rebounds 2,783 points after yesterday’s historic rout

PSX rebounds 2,783 points after yesterday’s historic rout

KARACHI: A day after suffering its worst-ever single-session collapse, the Pakistan Stock Exchange (PSX) staged a sharp recovery on Wednesday morning, with benchmark indices posting broad-based gains as investors returned to bargain-hunting amid signs of geopolitical de-escalation in the Strait of Hormuz. On Tuesday, the KSE-100 index had plunged 6, 408 points (−3. 56%), wiping out Rs706 The post PSX rebounds 2, 783 points after yesterday’s historic rout appeared first on MM News.

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