KSE-100 Loses 385 Points to Close at 188,202 in Volatile Session

KSE-100 loses 385 points to close at 188,202 in volatile session

Macroeconomic uncertainty continued to weigh on the Pakistan Stock Exchange (PSX) on Tuesday, as heightened volatility persisted a day after the State Bank of Pakistan’s (SBP) decision to maintain the key policy rate at 10.5%. In the morning, trading commenced on a positive note, with the benchmark index gaining momentum in early hours; however, the optimism proved short-lived as selling pressure dominated key sectors. Automobile assemblers, cem…

KSE-100 slips during intraday trading to 188,000 points

Pakistan's benchmark index fell 0.31pc after the State Bank's announcement to maintain its key policy rate at 10.5pc

KSE-100 sheds nearly 400 points after SBP keeps policy rate unchanged

The Pakistan Stock Exchange (PSX) observed a volatile trading session on Tuesday, with the benchmark KSE-100 closing with a loss of nearly 400 points a day after the State Bank of Pakistan (SBP) decided to keep the policy rate unchanged at 10.5%. The market kicked off on a brief positive note, with the benchmark KSE-100 Index hitting an intra-day high of 189,521.32. However, the rally, led by the banking sector, remained short-lived and selling …

Investors unimpressed by rate decision as PSX closes lower

Investors reacted negatively to the central bank’s decision to keep the interest rate unchanged on Monday, as the Pakistan Stock Exchange (PSX) edged lower on Tuesday, with the benchmark KSE-100 Index dropping nearly 400 points. At close, the benchmark index settled at 188,202.85, down 384.81 points or 0.2%. Selling interest emerged in key sectors, particularly banking, as well as among automobile assemblers and fertilizer companies. On Monday, …