KARACHI: Trading was halted on Monday for 45 minutes at the Pakistan Stock Exchange (PSX) as the KSE-100 index down 1651.28 points less than an hour into trading as panic over coronovirus(Covid-19) continues to frighten investors. Trading was halted around 10:10am when the large cap KSE-30 index went down 5.53 per cent. It is pertinent to note that trading has been halted at PSX for the fourth time in two weeks. The action triggers when the KSE-30 index moves 4 % either way and remains there for 5 consecutive minutes. The objective of introducing market halt is to safeguard investors and market participants during volatile markets.

Source: Pakistan Today March 16, 2020 05:23 UTC