Karachi (Web Desk) – Business Desk: Chief Executive Officer of the Pakistan Stock Exchange, Farrukh Sabzwari, has said that recent interest rate cuts and the prevailing political situation are influencing market performance.
Speaking at a listing ceremony at the exchange, Sabzwari noted that the market has retreated from its record high reached in January. He explained that monetary policy adjustments, along with domestic political developments, are shaping investor sentiment.
The PSX chief also highlighted the impact of developments surrounding the Reko Diq project, as well as corporate earnings announcements, on overall market direction. He said such factors play a significant role in determining short-term trends.
Commenting on global dynamics, Sabzwari pointed to tensions between Iran and the United States, stating that uncertainty over international oil prices remains a key variable for investors.
Market analysts say that while easing interest rates can support equity valuations by lowering borrowing costs, political uncertainty and global commodity price volatility continue to weigh on confidence.
Investors are closely monitoring both domestic policy signals and international developments as they assess the outlook for Pakistan’s capital markets.
