The PSX informed traders on 10:17am that due to 5 percent decline in KSE-100 Index, market halt is triggered. All equity and equity based derivative markets remained suspended for 45 minutes and reopened following a 5 minutes pre-open session. "Situation worsened over the time and majority of stocks hit lower circuits, causing the index to plunge by a total of 2,238 points during the session," an analyst at Arif Habib Limited said.

Copyright Business Recorder, 2020