The index slipped to 118,100 points amid heightened investor uncertainty and ongoing financial market pressures.

Selling pressure dominated early trading hours, reflecting concerns over both domestic and global economic conditions.

In the currency market, the Pakistani rupee witnessed slight depreciation as the US dollar appreciated by 4 paisas in the interbank market, trading at Rs280.80.

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According to financial analysts, the modest uptick in the dollar and the downturn in the stock market mirror the broader impact of global financial instability and the persistent economic uncertainty facing the country.