Islamabad, Dec 18: The Pakistan Stock Exchange (PSX) experienced a sharp decline today, dropping over 2,000 points despite positive economic news.
The market broke through three key levels 115,000, 114,000, and 113,000 points—during the trading session.
The benchmark 100 Index plunged by 2,065 points, closing at 112,795 points.
Heavy selling pressure, particularly in banking and oil & gas stocks, drove the downturn, according to market brokers.
Earlier in the day, the market showed an upward trend, gaining as much as 1,376 points at one stage.
This dramatic shift underscores ongoing market volatility, as investors remain cautious despite encouraging economic indicators.
