PSX closes lower by 0.7% on ME crisis

PSX closes lower by 0.7% on ME crisis

Pakistan's stock market remained under pressure during the outgoing week, with the benchmark KSE-100 index closing at 151,708 points, down around 0.7% week-on-week, as persistent geopolitical tensions and volatile global oil prices dampened investor sentiment. The cautious mood prevailed despite supportive developments on the economic front, including progress in talks with the International Monetary Fund (IMF) towards finalising the staff-level…