Pakistan, Oct. 6 -- KARACHI - The Pakistan Stock Exchange (PSX) opened the new business week on a turbulent note, with volatile trading reflecting investor caution amid economic and political uncertainty.

During intraday trading, the benchmark KSE-100 index plunged more than 1,600 points, dropping to 167,245.57 points from the previous close of 168,990.07 points.

However, the market later staged a modest rebound, regaining over 200 points to trade around 169,220 points in late hours.

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The sharp swings in the market underscore a wait-and-see approach by investors, as they weigh policy developments, rupee stability, and interest rate expectations ahead of key financial updates...