PSX as KSE-100 Slips Below 167,000 Mark

The PakistanThe Pakistan Stock Exchange (PSX) witnessed a volatile trading session today at the Pakistan Stock Exchange,, where the KSE-100 index witnessed sharp fluctuations throughout the day and finally closed at 166,258 points. The index touched 169,237 points at one stage, which initially gave a bullish impression; however, selling pressure changed the market direction after the afternoon, and the index went into the negative zone with a loss of 1,432 points.

According to analysts, investors preferred to book profits after the recent increase, especially in the banking sector. The negative performance of UBL and HBL significantly affected the index, while FFC and MARI also added negative points. Experts say that local and global economic factors, including expectations related to inflation and policy decisions, are influencing the market behaviour.

On the other hand, there was a buying trend in LUCK and POL, which created balance in the market for some time. EFERT and ATRL also played a positive role; however, this increase could not change the overall negative trend. Trading volume was over 345 million, indicating investor activity.

According to market experts, the market is currently close to technical support, and a rebound may be seen if buyers become active in the coming sessions. However, short-term investors are advised to remain cautious and focus on risk management.