PSX slides 1,114 points as investors turn cautious on global risks

PSX succumbs to profit-taking pressure

The Pakistan Stock Exchange (PSX) registered a notable fall on Wednesday as caution gripped investors amid escalating geopolitical tensions, particularly between the US and Iran and fears of a potential US strike on Tehran that lifted oil prices The benchmark KSE-100 index dropped 1,381.69 points, or 0.75%, to close at 182,569.82, after swinging between the intra-day high of 184,727 and the low of 182,370. Profit-booking after recent gains kept …

Pakistan Stock Exchange Faces Continued Selling Pressure Amid Global Market Shifts

The Pakistan Stock Exchange (PSX) experienced continued selling pressure on Thursday, resulting in a notable decline in the benchmark KSE-100 Index. Despite opening strongly, the index could not maintain its momentum and closed significantly lower. Market Performance at PSX The KSE-100 Index began the day on a positive note, reaching an intraday high of 183,717.53 points during early trading. However, persistent selling throughout the session pu…

Selling pressure persists at PSX as KSE-100 falls over 300 points

The Pakistan Stock Exchange (PSX) on Thursday continued to face selling pressure, as the benchmark KSE-100 Index fell more than 300 points in early trading. By 11:39am, the index stood at 182,243.29, down 326.52 points, or 0.18%. Selling activity was seen across major sectors, including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration, oil marketing companies (OMCs), power generation and refineries. On Wednesd…

Selling continues at bourse, KSE-100 ends with over 1,100 points loss

Benchmark index settles at 181,456.33