PSX declines 2.5% amid profit taking

Bears dominated the Pakistan Stock Exchange this week after Moody’s revised Pakistan’s banking sector outlook from positive to stable, dampening investor sentiment. The benchmark index shed 4,527 points, or 2.5%, closing at 179,603.

In this week’s Stock Watch, powered by Chase Securities, Nukta’s Habib Khan and Shahbaz Ashraf welcome Maaz Azam, Head of Research at Optimus Capital Management, to analyze upcoming HBL and PSO results and outlook on Engro Fertilizer.

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