PSX continues to extend losses as KSE-100 closes 1,300 points lower

PSX continues to extend losses as KSE-100 closes 1,300 points lower

The Pakistan Stock Exchange (PSX) extended its downturn on Tuesday, with the benchmark KSE‑100 index falling 1,303.52 points to settle at 173,150.42, as persistent foreign corporate selling exacerbated bearish sentiment across key sectors. After opening higher and briefly reaching 176,131.35, early gains were short‑lived as investors booked profits and reversed course. A modest midday rebound failed to sustain momentum, and renewed selling in th…

Bears dominate as KSE-100 loses over 1,300 points on Tuesday

Pakistan’s benchmark index, KSE-100, closed in the red on Tuesday, down 1303.52 points from its previous close of 174,453.93 points. The index experienced a volatile trading session, reaching a high of 176,131.35 points and a low of 171,693.39 points. Trading volumes stood at 424,959,530 at a value of Rs32,759,788,353. Top active stocks were led by K-Electric Limited, falling 3.81pc to Rs7.82 at a volume of 122,541,564, followed by Bank of Punja…

PSX plunges nearly 6,700 points as selling pressure grips market

KARACHI: The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) witnessed a sharp bearish trend on Thursday, plunging 6,682.81 points – a decline of 3.74 percent – to close at 172,170.29 points, compared to 178,853.10 points on the previous trading day, according to official PSX data. The significant drop reflects broad-based selling pressure across key sectors, as investor sentiment remained weak throughout the session. Market activit…

PSX turns bearish, sheds 6,682 points to close at 172,170 points

The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) on Thursday witnessed a bearish trend, losing 6,682.81 points, a negative change of 3.74 percent, to close at 172,170.29 points compared to 178,853.10 points on the previous trading day, according to PSX data. During the session, the ready market recorded a trading volume of 542.979 million shares with a traded value of Rs 27.363 billion, against 697.682 million shares valuing Rs 4…

Foreign selling, weak earnings push PSX down Ramadan session - THE DESTINATION

Pakistan Stock Exchange – (Web Desk) – The Pakistan Stock Exchange (PSX) dropped on Thursday as continued foreign selling and weak corporate earnings weighed on investor sentiment. Trading was slower than usual on the first day of Ramadan, following the sharp rebound in the previous session. The benchmark KSE-100 Index swung between a high of […] The post Foreign selling, weak earnings push PSX down Ramadan session appeared first on THE DESTINAT…

Foreign Selling, Weak Earnings Drag PSX Lower In First Ramadan Session

A stockbroker reacts while monitoring the market on the electronic board displaying share prices during a trading session at the Pakistan Stock Exchange, in Karachi, July 3, 2023. — Reuters The bourse fell on Thursday as continuous foreign selling and weak corporate results kept sentiment fragile, while thinner participation on the first day of Ramadan saw slower trade after the previous session’s sharp rebound. The Pakistan Stock Exchange’s ben…