PSX Recovers After Losing 800 Points in Opening Hour of Trading [Developing]

PSX is recovering after going down almost-800 points in the opening hour of the market.

Right now, the exchange is up by 150 points, which is a huge bounce back.

Currently the index level of the market is 46960.

Shares of 87 companies are up, 225 are down and 11 are equal.  An absolute huge recovery by the market.

The drop was due to a panic among investors as they await the decision of Panama Case tomorrow.

Going forward, the experts expect the market to limp in sessions ahead until the dust settles down on the much awaited Panama case, whereas upcoming earning announcements may pamper the bourse in the short term.

This is a developing story and we’ll be updating it as we get more information

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