KARACHI (Web Desk) – Trading at Pakistan Stock Exchange witnessed a steep downturn as the benchmark 100-index lost more than 5,400 points in a broad market sell-off. The index closed at 167,691, marking a decline of 3.16 percent, while intraday volatility saw levels between 166,886 and 174,336.
Market analysts attribute the decline to concerns over interest rate movements and political uncertainty, which continue to weigh on investor sentiment. The exchange had previously reached record highs earlier in the year but has since faced sustained pressure.
Chief Executive Officer Farukh Sabzwari noted that monetary policy shifts and political developments are influencing market direction, alongside uncertainties in global energy prices and corporate earnings. He emphasized that external factors, including international economic conditions, remain key determinants of market performance.
The bearish trend highlights ongoing volatility in Pakistan’s financial markets, where investors remain cautious amid macroeconomic challenges.
