KARACHI: Amid moderate trading volume, the Pakistan Stock Exchange extended its bearish spell to the third straight session amid growing apprehensions about political uncertainty and lack of positive triggers.

Initially, the benchmark KSE 100 index gained 539 points, hitting the day’s high at 112,569.90. However, the market came under selling pressure in the latter half, losing 873 points at 111,157.19 intraday. Ultimately, the index settled at 111,487.36 after shedding 543 points or 0.48pc day-on-day.

Ahsan Mehanti of Arif Habib Corporation said the rupee instability, political noise and uncertainty over the outcome of........

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