PSX down despite IMF agreement
FROM THE PUBLISHER
Pakistan's benchmark KSE-100 index fell over 1,130 points on Thursday despite the country's staff-level agreement with the International Monetary Fund (IMF), as renewed regional tensions added to selling pressure. The index initially gained around 900 points and climbed to the intra-day high near 169,500 before reversing course, closing at 167,441.91, down 0.68%. Heavyweights including UBL, Fauji Fertiliser and Systems Limited led the decline, while market turnover also dropped sharply to 365.9 million shares from 586.9…
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