PSX tumbles 3,500 points as Trump speech sinks hopes for quick end to war

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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