KSE-100 decreases over 900 points amid political volatility

Volatility on the political front dented sentiment at the Pakistan Stock Exchange (PSX) as the benchmark KSE-100 index lost over 900 points during trading on Tuesday.

At close, the benchmark index settled at 61,841.74 level a decrease of 931.98 points or 1.48%. Earlier, the KSE-100 hit an intra-day low of 61,637.62, down 1,163 points before minor recovery.

Selling pressure was more profound in index-heavy oil and gas sectors with others also feeling the heat of uncertainty.