PSX plummets by 1,000 points after Brexit

PSX plummets by 1,000 points after Brexit
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Summary Gold has caught investors' eyes

KARACHI (Dunya News) – Pakistan Stock Exchange has plummeted by around 1,000 points after British voted in favour of quitting European Union, reported Friday.

The last of weekly trading was bad for the entire world across the board as Britain voted out of European Union.

British Pound saw a quick downfall of ten percent in value against United States Dollar.
Metal affects

Gold has caught investors’ eyes as it is the only metal with an upward movement in price after British exit. Gold price has been revised to USD 1,358 for an ounce.

On the other hand, crude oil price has fallen by five percent taking the sum to USD 47 per barrel.

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