Today’s trading session on the Pakistan Stock Exchange (PSX) saw a notable downturn. The benchmark KSE-100 Index dropped by 3.57%, closing at 94,574 points, reflecting a loss of 3,506 points. The market opened at a high of 99,820 points but experienced a consistent decline, reaching an intraday low of 94,181 points. Trading volumes stood at 518 million shares, with a total value of PKR 31.14 billion.
Th e significant decline in the Pakistan Stock Exchange (PSX) was attributed to a combination of political uncertainty surrounding the ongoing PTI (Pakistan Tehreek-e-Insaf) march and heightened volatility linked to rollover week activity in the futures market.
Sectors-wise, the E&P, Fertilizer, Cement, Power, Pharma, Tech, OMC, and Banking stocks stripped off 2,812 points from the Index. While the Property, Sugar, and Leasing stocks were the positive contributors.
