Karachi - Pakistan stocks and the rupee plunged on Thursday as uncertainties over the restoration of judges and the election of a new president continued to cloud the political scene, triggering selling pressure, traders said.
The benchmark KSE-100 Index fell by 2.7 per cent or 289 points to close at 10,236 as investors continued dumping blue-chip stocks, including some energy stocks like state-owned Oil and Gas Development Corp(OGDC).
"The procrastination in restoration of judges against the deadline is casting an uncertainty among investors," said trader Ateeq Ahmed at Capital One Equities.