PSX 100 Index Sheds over 4600 Points
Pakistan Stock Market on Monday closed at 158443.42 after losing 4654.77 points or 2.94% due to cross border tensions with Afghanistan.
The market came under sustained pressure as bearish sentiment gripped investors throughout the session. The benchmark KSE-100 Index experienced a sharp selloff, plunging to an intraday low of 157,678 points — marking a steep decline of 5,420 points. Although some recovery was witnessed later in the day, the index ultimately settled at 158,443, registering a net loss of 4,654 points, or 2.85% on the day.
The pronounced downward trajectory was primarily driven by growing investor unease over escalating geopolitical tensions and a deteriorating law-and-order situation. These developments weighed heavily on market confidence, prompting broad-based selling across key sectors.
Notable laggards during the session included BAHL, ENGROH, LUCK, OGDC, and MARI, which collectively shaved off 1,261 points from the index
Despite the market slump, investor participation remained strong. Total traded volume stood at 1,361 million shares, with a traded value of PKR 62 billion. KEL topped the volume chart with 197 million shares, Topline Research analysts said.
PSX 100 index continued bleeding and sheds over 4500 points in mid day trading.
PSX 100 index continues to bleed and lost 2972 points in early trade on Monday. It declined to 160126.08 points in opening hours of trade, registering a decline of 1.86 percent.
It had touched peak level during the visit of IMF team to Pakistan. But soon after the IMF team left Pakistan, the Pakistan stock market started bleeding.Pakistan Stock Market Continues Bleeding
It is suffering every day. It had declined due to profit taking and India Tensions. Now, there has been battle between Afghanistan and Pakistan which was another reason that pushed the stock market down.