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Equities Plummet as Super Tax Impact Triggers Panic-Selling at Pakistan Stock Exchange
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Equities Plummet as Super Tax Impact Triggers Panic-Selling at Pakistan Stock Exchange

KARACHI—Pakistan’s equity market tumbled sharply on Thursday, with the KSE-100 index falling over 2,500 points as investors reacted negatively to the effects of a new super tax and disappointing corporate results, market sources reported. The extended downturn from recent sessions snapped further as panic selling gripped traders and sentiment weakened across major sectors. The painful...

KSE-100 Index Plunges Over 2,000 Points in Early Intraday Trading Amid Volatility
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KSE-100 Index Plunges Over 2,000 Points in Early Intraday Trading Amid Volatility

KARACHI—Pakistan’s benchmark stock index, the KSE-100, plunged more than 2,000 points during early intraday trading on Friday, reflecting heightened market volatility and profit-taking by investors, according to Karachi Stock Exchange figures. The index fell from its previous close of approximately 187,832 points to around 185,765 by mid-morning in a steep early slide that wiped out...