KARACHI: The Pakis­tan Stock Exchange (PSX) on Thursday snapped a nine-session bullish run, as investors turned cautious amid rising inflation, concerns over economic fallout from flash floods, and expectations of a status quo in interest rates.

Disruption in supply chains is likely to push up inflation further and weigh on industrial activity, prompting profit-taking across the board.

Ali Najib, Deputy Head of Trading at Arif Habib Ltd, said the PSX had “finally hit the pause button” after an electrifying rally of over 10,000 points........

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