Stocks give up the first profits, succumb to profit booking
Karachi: The Pakistan Stock Exchange (PSX), after starting the new meeting in an optimistic note on Wednesday, abandoned early optimism for profit pressure. By the end of the negotiation, the KSE-100 reference index recorded a loss of 476 points, or 0.32%, at 146,529. In the morning, the stocks showed an impressive move, which took the index at a high height of 147,892. However, at noon the market began to lose steam as traders increased more and more risk. Caused a steady removal, pushing the index to the low of the day to 146,418. The recession was largely attributed to speculative











