Author of this content has low reputation.

Pakistan stock exchange - Downtrend continues

Words
110
Reading
1 min
Listen
Play
5y

Pakistan stock exchange (PSX) has been going through worst days and the stock is being continuously on the downtrend and bears are dominating.

img_0.6539066600691464.jpg
Image taken from pixabay.com

The main reasons are political instability, higher inflation rate and country being still in the grey list of FATF.

However, during last couple of days, market has bounced back and gained more than 1000 points with good increasing volume as well. Here is the current stats of the stock.

img_0.5609130075939531.jpg
Source: psx.com.pk

It is being predicted that market will continue its uptrend in the coming week but investors are advised to be extra vigilant and cautious as currently market is very volatile...

Best Regards!

Pakistan stock exchange - Downtrend continues | Ecency