PSX plunges over 4,700 points amid broad-based selling

PSX plunges over 4,700 points amid broad-based selling

The Pakistan Stock Exchange (PSX) witnessed sharp volatility on Monday, highlighting its heightened vulnerability to regional shocks amid prevailing macroeconomic uncertainty. By 11.29am, the benchmark index had dropped 668.157 points amid strong selling pressure across the board. The decline slowed later in the session, with the index standing at 146,937.37 at 12.09pm, down 4,770.14 points (-3.14%). Read More: Late sell-off drags PSX lower by 1…

Metldown at PSX as KSE-100 loses over 4,000 points

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index plummeted by over 4,000 points during intraday trade on Monday. The KSE-100 index declined by 4,770.14 points, or 3.14 per cent, to stand at 146,937.37 points as of 12:09pm from the previous close of 151,707.51 points. Last week, the benchmark KSE-100 index declined 0.68pc week-on-week, according to Topline Securities Ltd, reflecting sustained investor caution as inflationary pressures …

PSX Drops Over 7,000 Points as KSE-100 Falls Below 150,000

Pakistan equities suffered a sharp decline on Monday, triggered by negative regional developments over the weekend that sparked panic among investors. The KSE-100 Index fell by 4,864 points, a drop of 3.21 percent, closing the session at 146,842 points. Earlier in the day, the main bourse briefly plunged by 7,050 points, or 4.6 percent, reaching […] The post PSX Drops Over 7,000 Points as KSE-100 Falls Below 150,000 appeared first on TechJuice.

PSX crashes over 7,000 points amid global war fears and rising oil prices

The Pakistan Stock Exchange witnessed a sharp and unsettling decline during trading as investor sentiment weakened due to escalating global war concerns and rising oil prices. The benchmark KSE-100 Index came under intense selling pressure, at one point plunging by more than 7,000 points to hit an intraday low of 144,656. The steep fall reflected growing uncertainty in global markets, prompting investors to adopt a cautious approach and reduce e…

Bearish momentum grips PSX, KSE-100 slides nearly 5,000 points

The Pakistan Stock Exchange (PSX) began the week on a negative note as the benchmark KSE-100 Index dropped nearly 5,000 points on Monday. At close, the benchmark index settled at 146,842.97, down 4,864.54 points or 3.21%. Selling pressure was seen across several key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, power generation, and refineries. Heavyweight stocks such as ARL, HUBCO, …

Bloodbath at Pakistan Stock Exchange as index loses over 7,000 points

F.P. Report The share prices came down like a house of cards at the Pakistan Stock Exchange (PSX) on Monday with the index at one point losing over 7,000 points but later recovered some loses as the investors remained cautious due to the widening conflict in the Middle East. At about midday, the PSX’s benchmark KSE-100 Index was trading at 146,828.99 points down by 5,424.52 points, marking a negative change of 3.71 percent. Earlier on Friday, th…