Share prices tumbled at the Pakistan Stock Exchange (PSX) on Monday as reports of clashes along the Pakistan-Afghanistan border rattled investor confidence.
The market remained volatile throughout the session, with investors also reacting to renewed uncertainty over the International Monetary Fund’s (IMF) inconclusive review talks and the country’s widening trade deficit.
The benchmark KSE-100 Index plunged by 3,932.88 points, or 2.47%, to close at 159,165.31 points.
A total of 466 companies traded their shares at the exchange; among them, 96 posted gains, 358 recorded losses, and 12 remained unchanged.
Market dealers said that institutional and major investors continued aggressive selling amid heightened uncertainty in both domestic and regional markets.
According to analysts, persistent concerns about economic stability coupled with escalating border tensions between Pakistan and Afghanistan further dampened market sentiment.
“Selling pressure intensified as investors reacted to speculative reports and geopolitical uncertainty,” said a Karachi-based stock analyst. “Confidence remains fragile, with many investors moving to safer assets.”
On Friday, the KSE-100 Index had fallen 735.94 points, or 0.45%, to close at 164,530.81 points. The index touched an intraday high of 166,729.97 points and a low of 164,306.77 points.
During the outgoing week, the KSE-100 shed 3.5% week-on-week, closing at 163,098 points, with trading volumes falling 7.6% to 1.6 billion shares.
 on Monday as reports of clashes along the Pakistan-Afghanistan border rattled investor confi...){kind=link}