Panamagate: PSX plummets 733 points amid political uncertainty


KARACHI – Pakistan Stock Exchange (PSX) on Wednesday has plummeted massive 733 points in morning trading session and the 100-index is currently trading at 46, 140 points. Bearish activities in equity market are being linked with volatile political situation as SC is all set to announce verdict in much awaited Panama Leaks Case on April 20.

Amid Panamagate’s verdict, uncertainty has gripped market and political scenario, unnerving investors. In the present context, traders and analyst believe that stock exchange would remain under pressure in ongoing business week.

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