Pakistan Stock Exchange (PSX) KSE 100-index witnessed a significant downturn during trading today, shedding over 3,700 points despite positive economic developments and closed at 111,070.29 points benchmark.
The market lost three crucial levels 115,000, 114,000, and 113,000 points.
The 100 Index fell by 2,065 points, closing at 112,795 points.
Heavy selling pressure in banking and oil & gas shares contributed to the decline, according to brokers.
Earlier in the session, the market had shown promise, recording an increase of 1,376 points at one point.
The dramatic reversal reflects prevailing market volatility, with investors exercising caution despite favorable economic indicators.
