KARACHI: The Pakistan Stock Exchange (PSX) witnessed the biggest single-day decline on Tuesday as the benchmark index plunged by over 2,500 points with analysts attributing the slump to year-end correction.
The KSE-100 dipped to a low of 59,170.97 points, down by 2,534.12 points or 4.11%, from the previous close of 61,705.09 points, according to the PSX website.
According to Karachi-based brokerage firm Arif Habib Limited, the KSE-100 index witnessed its highest ever decline today, dropping 11% from its peak of 66,427 points.