By S.M. Inam
KARACHI: The Pakistan Stock Exchange (PSX) witnessed a sharp decline on the first day of the business week, forcing authorities to halt trading temporarily.
The PSX benchmark 100-Index dropped by 9,780 points at the opening, falling to 147,715 points. During the session, the index touched a low of 147,710 and a high of 150,174 points.
For context, the 100-Index had closed at 157,496 points at the end of last week, highlighting a significant downward movement in early trading.
This sudden slump reflects growing market volatility and investor caution amid ongoing economic and geopolitical uncertainties.
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