PSX falls on fourth consecutive session
The Pakistan Stock Exchange (PSX) experienced its fourth consecutive day of losses, with the KSE-100 Index falling 718 points. Market sentiment remains dampened by geopolitical tensions in the Middle East and concerns over global borrowing costs.
Why it matters
The decline reflects how regional geopolitical instability directly impacts emerging market volatility and investor confidence.
--> Home Business PSX falls on fourth consecutive session KSE-100 slips 718 points amid Middle East tensions
facebook --> twitter --> whatsup --> linkded --> email MORE (3) Messenger Whatsapp --> KARACHI: The Pakistan Stock Exchange (PSX) closed the last trading week session lower on Friday as persistent geopolitical tensions in the Middle East continued to dampen investor sentiment.
PSX witnessed a mixed session today, with the KSE-100 Index declining 718 points (-0.42% DoD) to close at 171,021.
"The market opened on a weak note as persistent geopolitical tensions in the Middle East continued to weigh on investor sentiment," noted Ali Najib, Deputy Head of Trading at Arif Habib Ltd.
Concerns over the ongoing conflict kept international oil prices and global borrowing costs elevated, prompting investors to maintain a cautious, risk-off stance.
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