KARACHI: Today started as a bright day for the Pakistan Stock Exchange. Investors took to the streets with confidence as the benchmark PSX-100 index rose 565 points, reaching a high of 123,327.
But the market, like an unexpected wave, changed course by midday. Economic uncertainty, upcoming tax reforms, and concerns about global tensions weighed on investor sentiment. What started as a promising rally ended on a quiet note—the index fell 715 points to 122,046.
More than 750 million shares changed hands, trading over Rs29 billion.
