KSE-100 Retreats as Profit-Taking Drives Market Correction, Index Drops Over 1,500 Points
Pakistan’s benchmark KSE-100 index witnessed a sharp pullback, shedding more than 1,500 points amid broad-based profit-taking, global market uncertainty, and cautious investor sentiment following recent strong gains.
Geopolitical Turmoil Drives PSX to 1,505-Point Loss, Market Dips Below 121,000 Threshold
The Pakistan Stock Exchange experienced a sharp 1,505-point decline on Tuesday, with the KSE-100 index closing below the 121,000 mark amid worsening geopolitical tensions and concerns over Pakistan’s current account deficit.
Pakistan Stock Exchange Suffers 1,950-Point Drop Amid Escalating Middle East Tensions
The Pakistan Stock Exchange faced a sharp decline of nearly 2,000 points as investors reacted to rising geopolitical instability following Israeli strikes on Iranian nuclear sites, triggering panic-driven sell-offs across key sectors.