PSX records minor decline in fluctuating trade

The Pakistan Stock Exchange (PSX) experienced a turbulent session on Monday, driven by rising tensions between Pakistan and India, which sparked uncertainty across the region’s financial landscape.

As trading commenced, the benchmark KSE-100 index sharply declined, plunging over 1,000 points. However, the market showed resilience and bounced back into positive territory, even gaining nearly 200 points at one point. Despite this recovery, selling pressure resurfaced, dragging the index back into the red by session’s close.

By the end of the day, the KSE-100 index edged down by just 11.70 points, settling at 114,102.23 compared to the previous close of 114,113.93 — a nominal decline of 0.01%.

During the session, the index reached a peak of 114,552.20 while touching a low of 113,077.66.

Trading activity also witnessed a sharp dip, with a total of 153.2 million shares changing hands — significantly lower than the 372.3 million shares traded in the previous session. The overall value of traded shares dropped to Rs13.65 billion from Rs23.28 billion.

Out of 452 companies that participated in the day’s trade, 240 saw gains, 155 suffered losses, while 57 remained unchanged.