The PSX 100 index drops 1,400 points due to unpredictability in politics.

The benchmark touched 61529 points, and the PSX 100 index dropped 1,400 points during the trading day, causing the Pakistan Stock Exchange to lose its physiological barrier of 62,000 points.

Due to investor caution following the creation of a mixed administration, the Pakistan Stock Exchange is experiencing another recession and political unrest.

Experts said that the IMF’s rejection of the circular debt proposal was the cause of the stock market’s unfavourable effects.

International authorities criticised the KSE-100 for their lack of transparency, in addition to being under pressure because to the unexpected results of the elections, which required the ECP to deliberate for at least three days. Following a decline of 1,200 points on Friday, the day following the election, the KSE 100 index was down more than 1,300 points.