PSX Falls Nearly 2,000 Points as Political Uncertainty Hits Sentiment

The Pakistan Stock Exchange (PSX) came under heavy selling pressure on Monday. The benchmark KSE-100 index fell nearly 2,000 points during intraday trading.

At 12:28pm, the index stood at 166,278.52 points. It was down 1,876.97 points, or 1.12%, from the previous close of 168,155.49.

The index touched an intraday low of 166,167.79. That represented a decline of 1,987.70 points, or 1.18%.

The market later extended its losses. By around 12:45pm, the KSE-100 had fallen more than 2,300 points. It traded at 165,843.38, down 1.37%.

Political Uncertainty Weighs on PSX

Investors remained cautious amid renewed political tensions in Pakistan.

Government-PTI talks failed to produce a breakthrough. The PTI also continued its planned march toward Islamabad.

Political differences have increased concerns about further confrontation. Investors are closely watching developments as uncertainty remains high.

Lanterns Finale Reveals Who Killed Hal Jordan and John Stewart’s Future

Selling began soon after the opening bell. The index lost more than 1,600 points during the morning session. By 11:45am, it stood at 166,554.66, down 1,600.83 points.

Business Recorder cited analysts who linked the selling pressure to domestic political uncertainty. Higher oil prices also added to concerns about inflation and economic stability.

Global Markets Add to Investor Concerns

Global developments also shaped market sentiment.

The KSE-100 entered Monday after losing 2,609.74 points last week. The index closed Friday at 168,155.48 points.

Geopolitical tensions and uncertainty in global markets have continued to affect investor confidence. Rising borrowing costs have also added pressure to equities.

Pakistan’s external position remains sensitive to energy prices. Therefore, movements in international crude markets remain important for local investors.

Recent market analysis also pointed to geopolitical risks and concerns about oil supplies. These factors contributed to the KSE-100’s 3.96% decline during September.

Trading Activity Remains Strong

Despite the sharp decline, trading activity remained active.

By midday, 72.4 million shares had changed hands. Traded value reached around Rs4.55 billion.

The broad market also showed heavy selling. Hundreds of listed stocks traded lower as investors adopted a cautious approach.

The KSE-100’s latest decline adds to a difficult period for the market. Investors now await greater clarity on domestic politics and global economic conditions.