PSX Suffers 2,000-Point Drop as Profit-Taking and Weak Bank Earnings Weigh on Sentiment
The Pakistan Stock Exchange (PSX) experienced a turbulent session on Thursday, with the KSE-100 index plunging nearly 2,000 points due to widespread profit-taking ahead of the futures rollover week and lackluster bank earnings that dampened investor confidence.
KSE-100 Index Slides for Fourth Straight Session as Market Sentiment Weakens
The Pakistan Stock Exchange continues its losing streak as the KSE-100 index extends its decline for a fourth consecutive session, driven by institutional selling, foreign outflows, and investor unease despite positive economic indicators.
Pakistan Stock Market Suffers 1,238-Point Drop as KSE-100 Faces Volatile Trading Session
The Pakistan Stock Exchange (PSX) witnessed a turbulent session as the KSE-100 index fell by 1,238 points amid geopolitical tensions and profit-taking across major sectors, highlighting investor caution and persistent market uncertainty.
PSX Suffers Sharp Decline Amid Geopolitical Tensions as KSE-100 Drops Nearly 2,000 Points
The Pakistan Stock Exchange closed deep in red on Friday as the KSE-100 Index plunged by over 1,900 points, driven by geopolitical shocks stemming from military escalation between Israel and Iran, triggering global market jitters.
Late-Session Profit-Taking Drags PSX into Negative Territory Despite Strong Opening
The Pakistan Stock Exchange saw a sharp reversal on Thursday as late profit-taking erased early gains, with the KSE-100 Index falling over 250 points amid cautious investor sentiment following post-budget warnings and global market unease.
PSX Slides After Record High Amid Volatile Session: Index Closes Lower Despite Intraday Surge
The KSE-100 Index closed Thursday’s trading session with a decline despite hitting a record intraday high, as market volatility overshadowed early gains driven by post-budget sentiment and remittance inflows.