PSX trading halts for fourth time

PSX trading halts for fourth time

KARACHI: The trading activities at Pakistan Stock Exchange (PSX) have been halted after indices fell below five percent.

Experts said that the detection of new coronavirus cases in the country negatively impacted the stock market.

While the expansion of this epidemic in the world especially the number of deaths increased substantially also discouraged the investors.

The KSE-100 index fell by 1651 points and was at 34,410 at the time of halt. The market shall resume after 45 minutes.

The trading has been halted during the past eight days following massive decline in indices.

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