KARACHI: The Pakistan Stock Exchange (PSX) endured another volatile sessionon Thursday, as investors were observed weighing the impact of ongoingpolitical uncertainty and deteriorating macroeconomic indicators after abrief pause.

Pushed by these factors, the market players opted to offload theirstockholdings at attractive valuations and the KSE-100 index lost over 300points.

Fresh devaluation of the rupee against the US dollar, as it dropped anotherRe1 on a day-on-day basis in the interbank market, dented the confidence ofmarket participants.

Moreover, uncertainty about the International Monetary Fund’s (IMF)Executive Board meeting scheduled to be held on August 29 to resume theprogramme haunted the trading environment at the bourse.