A big wave of bearishness in the Pakistan Stock Exchange PSX-100 index fell for the fourth consecutive day and lost the 63,000 points physiological mark amid the tense situation in Iran and Pakistan.
The tense situation between Pakistan and Iran created uncertainty for business and investors as during trading, the KSE-100 fell by 1,000 points and reached 62,820.
The stock market is under selling pressure despite good economic news and at the start of the trading KSE-100 index fell 400 points to 63150 points.
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