PSX Plunges 2,288 Pts on Political Noise, Investor Confidence Wanes

The KSE-100 index experienced a sharp 2,288-point decline, primarily driven by persistent political uncertainty from the government-PTI standoff. This political noise, coupled with a reversal of earlier oil price losses, severely dampened investor sentiment across the board. The market's reaction highlights growing concerns over domestic stability and economic direction. Such significant political instability and declining investor confidence could potentially boost demand for safe-haven assets like gold and exert upward pressure on the USD/PKR exchange rate.

بحوالہ / Source: tribune.com.pk