PSX swings as political uncertainty and oil prices...

Summary

• KARACHI: The Pakistan Stock Exchange (PSX) experienced volatile trading on Wednesday as the benchmark index moved between gains and losses amid political uncertainty and rising international oil prices.
• The political developments added to concerns about the domestic economic outlook and contributed to uncertainty in the market.
• Market participants continued to monitor domestic political developments and movements in global oil prices for further direction.

AI Generated Summary

KARACHI: The Pakistan Stock Exchange (PSX) experienced volatile trading on Wednesday as the benchmark index moved between gains and losses amid political uncertainty and rising international oil prices.

At midday, the KSE-100 index stood at 164,807.98 points, up 31.54 points, or 0.02%. During the session, it reached an intraday high of 165,209.05 and fell to a low of 164,060.33, reflecting cautious investor sentiment.