PSX: selling engulfs bourse, KSE-100 sheds over 1,900 points

After days of buying momentum, selling returned at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 1,900 points during the opening minutes of trading on Friday. At 9:25am, the benchmark index was hovering at 173,456.12, down 1,923.74 points or 1.10%. “We expect the market to witness some profit-taking today following the recent rally, as investors may prefer to book gains ahead of the long weekend,” said Ismail Iqbal Securities in a post. The brokerage house not

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