A. 147 points
B. 247 points
C. 347 points
D. 447 points
Detailed Explanation:
The Pakistan Stock Exchange (PSX) ended a two-session rally by shedding 347 points amid profit-taking. As reported, negative sentiment was also influenced by a rebound in international oil prices.
Important Exam Facts
- Market: Pakistan Stock Exchange
- Movement: Down
- Points lost: 347
- Main factors: Profit-taking and oil-price movement
Related Questions & Answers
Q1: What does PSX stand for?
Answer: Pakistan Stock Exchange.
Q2: What is profit-taking?
Answer: Selling investments after prices rise to secure gains.
Q3: Why can international oil prices affect Pakistan’s market?
Answer: Pakistan is heavily dependent on imported energy, so oil-price changes can affect economic expectations and corporate costs.