The Pakistan Stock Exchange (PSX) landed in the red on Thursday after consecutive sessions in the green, with the benchmark KSE-100 Index losing 572 points, or 1.32 per cent, to fall below the 42,800-mark.
The index hit a day's high of 43,387 points before sliding in the later hours to a low of 42,706 before closing at 42,775.
Of the 380 symbols traded in the session, 94 advanced, 253 declined and 33 remained unchanged.
"Domestic political noise mainly triggered anxiety among investors as courts not only froze assets and issued arrest warrants against Finance Minister Ishaq Dar but also ordered Punjab government to make judicial report of Model Town incident public," analyst note by Elixir Securities said.
Volumes fell form Wednesday, with 165.7 million stocks worth Rs8.7 billion traded in the day. The technology sector dominated the day's trading with 18.9m shares traded, while power generation and oil and gas followed with 15.1m and 15m shares traded respectively.
Volumes were led by:
K-Electric Ltd: 12.5m shares traded [+1.30pc]
Sui South Gas: 11.2m shares traded [-0.18pc]
Engro Polymer: 9.9m shares traded [+1.66pc]
WorldCall Telecom: 8.6m shares traded [+1.78pc]
TRG Pak Ltd: 8.3m shares traded [-4.44pc]
