PSX tumbles 3,500 points as Trump speech sinks hopes for quick end to war
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index sank by 3,500 points on Thursday, after a press conference by United States President Donald Trump dampened investor hopes of a quick end to the war on Iran. The KSE-100 index dropped by 4,073.85 points, or 2.62 per cent, to stand at 151,505.26 points as of around 12:15pm, in a change of course from the bullish momentum it had sustained over the past two days. It closed at 152,011.26 points, down 3,500.30 points or 2.25pc, from the prev...
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