Stock Update - PSX

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

image.png
Source: psx.com.pk

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.

Screenshot_20211016152656_1.png
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...

Regards and cheers!

H2
H3
H4
3 columns
2 columns
1 column
Join the conversation now
Ecency