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Pakistan Stock Market Plummets, KSE-100 Sheds Over 3,000 Points

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Farooq Masood
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At a glance

  • The KSE-100 index plunged by 3,078 points on Thursday.
  • The market downturn is attributed to escalating conflict in the Middle East.
  • The drop extends a negative trend from the previous day's session.

Story so far

The Pakistan Stock Exchange has been under intense selling pressure, attributed to geopolitical tensions in the Middle East and rising global oil prices. After losing nearly 700 points on Wednesday, the benchmark KSE-100 index continued its decline on Thursday, September 10, with a massive plunge of 3,078 points.

Latest development

The benchmark KSE-100 Index plunged by 3,078 points on Thursday, September 10, marking a significant escalation in selling pressure.

Latest updates

The Pakistan Stock Exchange (PSX) experienced a severe downturn on Thursday, with the benchmark KSE-100 Index plunging by 3,078 points during trading, according to available reports.

The negative trend at the Pakistan Stock Exchange intensified during Thursday's session, with the KSE-100 Index falling by more than 1,000 points to trade at 170,762 points.

Sources and updates

Business Recorder

PSX: Selling continues, KSE-100 sheds nearly 900 points

Selling pressure continued at the Pakistan Stock Exchange (PSX) on Thursday as Iran ‌and the United States launched their largest attacks on shipping since their six-month-old conflict began, with the benchmark KSE-100 Index shedding nearly 900 point

Usama MehboobUsama MehboobEditor
Categories: Business & Economy
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