The Pakistan Stock Exchange (PSX) experienced a significant downturn on Monday, with the benchmark KSE-100 Index closing at 114,063.90, a decline of 1,405.44 points or 1.22% from the previous close of 115,469.34. Pakistan Stock Exchange+5Mettis Global Link+5Business Recorder+5
The trading session witnessed a volatile trajectory. The KSE-100 Index initially surged to an intraday high of 116,658.94, gaining over 1,189 points. However, intensified selling pressure in the latter half led to a sharp reversal, with the index touching an intraday low of 113,867.80 before settling at 114,063.90. PSX Data Portal+4Business Recorder+4Mettis Global Link+4
Analysts attribute this downturn to escalating geopolitical tensions between Pakistan and India, particularly following recent diplomatic strains. The heightened uncertainty prompted investors to adopt a risk-averse stance, leading to broad-based selling across key sectors.
The PSX’s performance underscores the market’s sensitivity to geopolitical developments. While early gains suggested investor optimism, the subsequent sell-off highlights prevailing caution. Analysts suggest that sustained stability in regional relations and clear economic policies will be pivotal in restoring investor confidence.
Stay Informed:
For real-time updates and detailed analyses, visit the Pakistan Stock Exchange Official Website.
This closing market summary aims to provide investors with a comprehensive overview of the PSX’s performance and prevailing economic factors influencing market dynamics.
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