Pakistan, Feb. 10 -- Pakistan Stock Exchange (PSX) witnessed its biggest daily decline in over six weeks as uncertainty pertaining to the election results took a toll on the market, with the benchmark KSE-100 Index losing 1,200.13 points (-1.87 percent) to close at 62,943.74 points.

The market opened on a negative note and shed around 2,362 points at the start. Though the market remained in the red territory throughout the session, it managed to erode losses by 1,000 points till its closing.

Market experts attributed the decline to the general election results that surprised analysts as well as the delay in announcement of results. "The delay in election results is driving the market down," Arif Habib Limited (AHL) said in a note. "As t...