PSX drops over 4,100 points after US strikes Iran

Bulls stage comeback at PSX after National Assembly clears budget
The Pakistan Stock Exchange (PSX) had a tough day on Monday, with the KSE-100 index dropping over 4,100 points due to growing tensions in the Middle East. The sharp fall came after the United States bombed Iran’s nuclear facilities last week, which caused panic among investors.
Market Highlights
In the morning, at 9:32 AM, the KSE-100 stood at 117,977, down 2,046 points or 1.7%.
By 3:15 PM, the index had dropped further to 115,887, a loss of 4,136 points or 3.56%.
The market finally closed at 116,167, showing a total loss of 3,855 points or 3.21%.
Trading Summary
Total shares traded: Over 595 million
Trading value: Rs. 23.48 billion
Total companies traded: 467
56 gained
385 lost
26 remained unchanged
Top Traded Stocks (with losses)
Stock | Price | High | Low | Change | Volume |
---|---|---|---|---|---|
WTL | Rs. 1.36 | 1.42 | 1.34 | -0.10 | 53.3 million |
SSGC | Rs. 39.0 | 43.9 | 38.7 | -4.2 | 36 million |
PASL | Rs. 2.78 | 3.02 | 2.31 | -0.12 | 24 million |
KEL | Rs. 4.91 | 5.08 | 4.82 | -0.24 | 23.7 million |
KOSM | Rs. 5.05 | 5.47 | 4.96 | -0.54 | 22.5 million |
FCCL | Rs. 41.0 | 44.0 | 40.24 | -4.16 | 16.2 million |
CNERGY | Rs. 6.7 | 6.99 | 6.56 | -0.48 | 14.2 million |
The market reacted strongly to the US airstrikes on Iran, fearing regional instability and its possible impact on Pakistan’s economy. Most investors chose to sell off their shares, resulting in heavy losses across sectors.
Investors and market watchers are now waiting to see how the political situation develops in the coming days.
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