Tuesday, August 9, 2022

Pakistan Stock Exchange became the worst performing market

The Pakistan Stock Exchange became the third worst performing market in Asia, having been named the best market in Asia in August 2020.

Former Minister Fawad Chaudhry said in a statement on social networking site Twitter that PSX became the third worst performing market in Asia, the best performance of the stock exchange under the PTI government and the best market in Asia in August 2020. Was honored.

According to a survey report, the Pakistan Stock Exchange has become the third worst performing market in the region due to the current political and economic situation.

The latest data shows that the Pakistan Stock Exchange became the second worst performing market in the region after Sri Lanka in the entire current financial year (July-June), according to Arif Habib Limited. To date, the dollar has depreciated by about 31%.

The survey said the benchmark index had lost 13.25% (or 6,376 points) over the past year and closed at a two-year low of 41,736 points on Thursday.

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Most Popular