Pakistan, Oct. 29 -- The Pakistan Stock Exchange plunged over 2,000 points on Tuesday, extending its losing streak for the fifth straight session. Investors lost around Rs239 billion as market sentiment stayed weak despite the State Bank keeping its policy rate at 11 percent. The day began with optimism, but heavy selling later erased early gains.

According to Topline Securities, the KSE-100 index showed high volatility. It first rose by 1,216 points to 163,380 before dropping sharply. The index hit a low of 159,805 and finally closed at 160,101 points, down 2,063 points or 1.27 percent. Analysts linked the market's mixed trend to futures rollover week and a series of corporate results.

Market experts said traders remained cautious, foc...