{"id":67665,"date":"2024-07-23T11:18:32","date_gmt":"2024-07-23T06:18:32","guid":{"rendered":"https:\/\/nabanews.pk\/en\/?p=67665"},"modified":"2024-07-23T11:18:32","modified_gmt":"2024-07-23T06:18:32","slug":"psx-tumbles-as-kse-100-index-drops-by-1578-points","status":"publish","type":"post","link":"https:\/\/nabanews.pk\/en\/psx-tumbles-as-kse-100-index-drops-by-1578-points\/","title":{"rendered":"PSX tumbles as KSE-100 index drops by 1,578 points"},"content":{"rendered":"<p>Islamabad<br \/>\nThe trading week started on a bearish note, with the Pakistan Stock Exchange (PSX) experiencing a significant drop compared to previous weeks which was marked with high points and investors\u2019 confidence.<br \/>\nThe KSE 100 Index marked a sharp decline of 1578 points or 2.01% to reach 78,539 points, three days after it reached an all-time high of 81,800 points during intraday trade.<br \/>\nToday, The market opened with a decline of 391 points, bringing the index down to 79,726 points. As the day progressed, the PSX saw a further drop of 517 points, causing the KSE 100 Index to fall further to the 79,600 points level.<br \/>\nOn Friday, the stock market experienced a severe downturn and dropped by 1,721 points to reach 80,117 points but it recovered shortly by Sunday, where bulls staged a comeback and pushed the KSE-100 index to an all-time high above 80,000 points.<br \/>\nPSX experienced a revival of investor interest during the short three-day trading week, where bulls staged a comeback and pushed the KSE-100 index to an all-time high above 80,000 points.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Islamabad The trading week started on a bearish note, with the Pakistan Stock Exchange (PSX) experiencing a significant drop compared to previous weeks which was marked with high points and investors\u2019 confidence. The KSE 100 Index marked a sharp decline of 1578 points or 2.01% to reach 78,539 points, three days after it reached an &hellip;<\/p>\n","protected":false},"author":4,"featured_media":60338,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-67665","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/67665","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/comments?post=67665"}],"version-history":[{"count":1,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/67665\/revisions"}],"predecessor-version":[{"id":67685,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/posts\/67665\/revisions\/67685"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media\/60338"}],"wp:attachment":[{"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/media?parent=67665"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/categories?post=67665"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nabanews.pk\/en\/wp-json\/wp\/v2\/tags?post=67665"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}