PSX tumbles over 4,600 points in pre-Eid sell-off - News Summed Up

PSX tumbles over 4,600 points in pre-Eid sell-off


Geopolitical tensions, policy uncertainty, pre-holiday caution weigh on investor confidencePhoto: ExpressIn a typically subdued pre-Eid trading environment, the KSE-100 index witnessed a sharply negative session, reflecting cautious investor participation and thin trading volumes. The benchmark index experienced significant volatility during the day, swinging between an intraday high of 153,943.70 and a low of 148,747.72. JS Global Head of Research Waqas Ghani said that the KSE-100 index remained under pressure as macroeconomic uncertainty amid heightened geopolitical tensions weighed on investor sentiment. “While uncertainty persists in the short term, stability in the macroeconomic environment could help restore investor confidence going forward,” he said. Last week, the benchmark KSE-100 Index closed at 153,866 points, declining by 3,629 points (-2.3% WoW), with subdued volumes keeping the market largely range-bound as investors maintained a cautious stance amid slightly negative global cues from US and Asian equities, Sheraz added.


Source: The Express Tribune March 16, 2026 11:52 UTC



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