KARACHI, September 24: The benchmark KSE-100 Index plunged 1,733 points on Thursday, closing at 170,498 as uncertainty surrounding the stalled Iran-US peace talks weighed on trading sentiment at the Pakistan Stock Exchange.
The index remained volatile throughout the session, swinging within a range of nearly 2,100 points before ending sharply lower.
Trading volume remained high, with around 750 million shares changing hands in transactions worth Rs27 billion.
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The market capitalisation of the exchange declined by Rs207 billion during the session to Rs18.971 trillion.
The continued lack of progress in the Iran-US talks kept investors cautious, contributing to the pressure on the benchmark index.
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