Bears continued to dominate the Pakistan Stock Exchange (PSX) on Tuesday and dragged its benchmark index down sharply by over 700 points in intraday trade.
The KSE-100 index shed 751.72points, or 1.14 per cent, to stand at 65,003.58 from the previous close of 65,755.30.
Yesterday, the index had closed in the red despite flirting with the 66,000 mark and remaining positive throughout the day, which analysts attributed to concerns about expected tough talks with the International Monetary Fund (IMF) for the new Extended Fund Facility and the uncertainty about monetary policy direction in the upcoming review on March 18.
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