KARACHI: The Pakistan Stock Exchange (PSX) continued its downward trajectory as the conclusion of the IMF’s economic review failed to deliver a staff-level agreement (SLA). The benchmark KSE-100 index recorded losses for the fourth consecutive session, closing below the 165,000-point mark amid persistent profit-taking.

According to Topline Securities, the session began on a positive note with the index climbing by 1,463 points, buoyed by improved investor sentiment. This optimism stemmed from reports that the IMF had shared a draft........

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