The Pakistan Stock Exchange (PSX) tumbled on Wednesday owing to the bill moved in the US Senate to impose sanctions on Afghan Taliban, with the benchmark KSE-100 Index shedding 908.19 points (-2.01 percent) to close at 44,366.74 points.
The market opened on a negative note but turned to positive and gained around 67 points before going for a free fall and shed over 1,300 points. However, the mid-day trading helped the index recover some of the losses.
The KSE-100 Index moved in a range of 1,367.2 points, showing an intraday high of 45,342.2 points and a low of 43,975 points. Among other indices, the KSE All Share Index shed 499.4 points (-1.62 percent) to close at 30,262.8 points.—TLTP
