KARACHI— The KSE-100 index dropped over 1,100 points in the early session and was trading at 44,000 points as a result of the country’s continuous political and constitutional instability.
The cement, commercial banks, and technology and communication industries have lost the most money so far.
The Prime Minister has recently dissolved legislatures and scheduled an early election. Imran Khan’s government announced that it had no confidence in him just a few minutes after the deputy speaker of the National Assembly said that a vote of no confidence against him violated Article 5 of the Pakistani Constitution.