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PSX Falls 6,000 Points Amid Middle East Tensions, KSE-100 Closes at 182,338
['Sabica Tahira']
TechJuice
The Pakistan Stock Exchange (PSX) suffered a historic fall on Thursday as the benchmark KSE-100 Index dropped over 6,000 points, closing at 182,338.
Investor sentiment plunged amid escalating geopolitical tensions in the Middle East, coupled with disappointing corporate earnings that triggered widespread panic selling.
Market volumes stayed high at 925.5 million shares, generating a turnover of PKR 66.2 billion, showing that investors remained active despite panic selling.
K-Electric (KEL) led the trading volumes with 104.1 million shares changing hands, highlighting active participation despite the market slump.
Investors are advised to monitor support levels closely and remain cautious in the short term as international tensions continue to influence market behavior.