Stocks resume slide amid political volatility
KARACHI: After a three-session recovery drive, the stock market on Wednesday faltered due to uncertainty about the chances of a desired outcome of the ongoing dialogue between the government and the PTI, triggering nervous selling. As a result, the market slipped again on a bearish trajectory.
Topline Securities Ltd said the bourse witnessed a consolidation phase characterised by notable volatility. The index reached an intraday high of 969 points and a low of 505 points before closing at 114,945, a decline of 308 points or 0.27 per cent day-on-day. This reflects cautious investor sentiment amidst mixed market signals.
Hub Power drew significant investor interest in........
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