Investor mood was nevertheless impacted by a mix of structural issues, policy worries, and political unpredictability, which kept the stock market under pressure on Thursday.
Mixed trade activity was a result of these difficulties as well as the continued stress in the energy industry.
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) closed the day at 112,638.26, down 1,510.19 points, or -1.32%, from the close of 114,148.45.
The market had a steep decline to a low of 112,594.66 points after reaching an intraday high of 114,329.95 points.
According to Ahsan Mehanti, Managing Director and CEO of Arif Habib Commodities, “pressure was witnessed at the PSX amid concerns over a bar on non-filing investors under new tax amendments.”
