BUSINESSDAWN
PSX snaps 5-day bullish streak, falls by over 1,100 points
The Pakistan Stock Exchange (PSX) ended a five-day upward trend, dropping over 1,100 points as investors took profits after a recent rally. The KSE-100 index fell below 187,000 points amid selling pressure in key sectors, with stocks like FFC, PPL, UBL, OGDC, and LUCK contributing to the decline. Analysts noted cautious sentiment due to weak regional markets but highlighted improving macroeconomic fundamentals as a long-term support.
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