KSE-100 Index Tumbles Over 3,300 Points At PSX

Karachi (Web Desk) The Pakistan Stock Exchange (PSX) experienced a steep decline on Monday, with the benchmark KSE-100 Index ending the session sharply lower as intense selling pressure gripped the market.

By the close of trading, the KSE-100 Index had shed 3,325 points, settling at 170,637 points compared to 173,962 points recorded at the end of the previous trading session. Despite reaching an intraday high of 174,171 points, the market failed to sustain gains and reversed sharply before closing in negative territory.

Trading activity remained strong throughout the day, with more than 581.2 million shares changing hands and the total traded value reaching Rs31 billion.

A total of 563 companies participated in trading at the PSX. Among them, 168 stocks posted gains, while 296 companies ended lower. The share prices of the remaining companies remained unchanged.

Ishaq Dar Kaja Kallas Meeting Islamabad Strengthens Ties

Meanwhile, the Pakistan Stock Exchange recently raised Rs76.286 billion for the Ministry of Finance through the sixth auction of Government of Pakistan Hybrid Sukuk (GHS), highlighting sustained investor interest in Shariah-compliant government investment instruments.

A leading private-sector bank served as Joint Financial Advisor for the transaction, playing a key role in the structuring and execution of the Sukuk issuance and further strengthening its presence in Pakistan’s Islamic capital markets sector.