Amidst confusion surrounding Pakistan’s general election results, the Pakistan Stock Exchange’s KSE-100 index plummeted by 2.68%, shedding 1,720.27 points. Investors hesitated as former Prime Minister Imran Khan’s disqualified party-backed independent candidates unexpectedly led the polls. The uncertainty prompted a cautious market approach, with traders awaiting clarity on the political landscape. Analysts emphasized the importance of a stable government for market recovery and suggested that the current market fluctuations are temporary, anticipating a rebound once election outcomes are clearer.
Political Uncertainty Triggers Sharp Drop in Pakistan Stock Exchange
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