The Pakistan Stock Exchange’s benchmark KSE-100 index bounced back slightly on Wednesday after a day of trading in the red. As of 11:42 am, the index was up 0.75 percent, recovering some of its losses. On Monday, the stock market saw a surge in anticipation of a significant increase in gas prices, led by the energy sector. However, on Tuesday, investors decided to sell off, resulting in minor losses for the index. The decline was attributed to geopolitical uncertainties and concerns over the upcoming IMF review in November. The review will determine the release of a $710 million tranche. More information will be provided later.
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