PSX: Border Clashes Rattle Stocks and PSX Suffers Major Sell-Off
7 Articles
7 Articles
PSX plummets by 4,600 points after weekend Afghan skirmish, TLP crackdown
The Pakistan Stock Exchange (PSX) plummeted by over 4,600 points on Monday due to continuing political uncertainty, the weekend conflict with Afghanistan and the ongoing crackdown on the Tehreek-i-Labbaik Pakistan (TLP). The benchmark KSE-100 index opened at 163,098.19 points before dropping by 4,654.77 points, or 2.85 per cent, to close at 158,443.42. Of 482 entitites, 74 advanced their gains, 375 declined while 33 remained unchanged. The PSX h…
PSX: Border clashes rattle stocks and PSX suffers major sell-off
Heightened tensions along the Pakistan-Afghanistan border over the weekend sent shockwaves through financial markets, sparking panic at the Pakistan Stock Exchange (PSX) on Monday. Investor sentiments took a sharp hit, with the benchmark KSE-100 index nosediving over 4,500 points in a single trading session amid mounting fears of regional instability. Stocks suffered downturn by losing 4654 points and settled at 158,443. The market rout followed…
Pak-Afghan tensions dent investor sentiments, KSE-100 sheds over 4,500 points
Cross-border escalation between Pakistan and Afghanistan dented investor sentiments at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 shedding over 4,500 points during trading on Monday. Selling pressure persisted throughout the session, with the KSE-100 Index hitting an intra-day low of 157,678.01. At close, the benchmark index settled at 158,443.42, down by 4654.77 points or 2.85%. Earlier, selling pressure was observed in key …
Severe decline in PSX: Over 5,000 points drop in 100 Index
KARACHI: The Pakistan Stock Exchange (PSX) is currently experiencing a significant downturn. Last week, the market closed on a negative note, with the 100 Index declining by over 4,500 points in the final four days, resulting in a loss of approximately 600 billion Pakistani Rupees in market capitalization. Today, the trading week has started on a bearish trend as well. At the opening of the trading session, the 100 Index fell by 2,972 points. …
PSX Bloodbath: KSE-100 Crashes Over 4,600 Points
The Pakistan Stock Exchange (PSX) witnessed a massive bloodbath on Tuesday, as the KSE-100 Index crashed by 4,654 points (2.85%), closing at 158,443 amid growing geopolitical tensions and domestic political instability. Investor confidence in Pakistan’s equity market has remained fragile in recent weeks due to regional conflicts, policy uncertainty, and economic slowdown. Analysts note that […] The post PSX Bloodbath: KSE-100 Crashes Over 4,600 …
PSX plunges as IMF delay and trade gap rattle investors
The Pakistan Stock Exchange (PSX) fell sharply on Monday as investors reacted to uncertainty surrounding the stalled IMF review, a growing trade deficit, and weak fiscal indicators. The KSE-100 Index slipped to an intraday low of 160,057.95 points, losing 3,040 points (1.86%). The market saw high volatility throughout the session, with the index briefly touching 161,988 points before sliding again. Analysts say the drop reflects anxiety over the…
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