PSX: selling at bourse, KSE-100 sheds nearly 400 points in early trade
Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding nearly 400 points during the opening minutes of trading on Thursday. At 9:39am, the benchmark index was hovering at 165,534.37, down 396.61 points or 0.24%. Key sectors saw selling, including automobile assemblers, cement, oil and gas exploration companies, OMCs, power generation, and…
The Pakistan Stock Exchange (PSX) saw a significant drop in its benchmark KSE-100 Index during early trading on Thursday, with the index losing nearly 400 points, or 0.24%, to 165,534.37 at 9:39am. Key sectors such as automobile assemblers, cement, oil and gas exploration companies, OMCs, power generation, and refineries experienced selling pressure.
Index-heavy stocks like ARL, HUBCO, MARI, OGDC, PPL, PSO, SSGC, SNGPL, HBL, and UBL also traded in the red. The previous day, the PSX had rebounded after receiving a boost from renewed institutional buying, optimism over diplomatic efforts to resolve the US–Iran conflict, and expectations surrounding the draft Auto Policy 2026–31.
However, global markets faced challenges as Asian stocks struggled to stay above water amid lingering concerns over AI and uncertainty in the Gulf.
Brief written by urgent.news from Business Recorder's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
Also reported by 1 other outlet
- PSX: selling at bourse, KSE-100 sheds over 800 points brecorder.com
