PSX rebounds to close above 170,000 after sharp intra-day losses
At a glance
- PSX recovered from a sharp intra-day plunge on Friday, September 11.
- The KSE-100 index closed up 1,646 points at 170,511.
- The recovery followed two days of heavy losses linked to geopolitical tensions.
Story so far
The Pakistan Stock Exchange experienced extreme volatility on Friday, September 11. After continuing a two-day losing streak with a sharp plunge of over 2,500 points in the morning, the market staged a dramatic recovery. The KSE-100 index ultimately closed the day positive, gaining 1,646 points to finish at 170,511. The initial sell-off was attributed to investor concerns over Middle East tensions and rising oil prices.
Latest development
The Pakistan Stock Exchange staged a strong recovery on Friday, closing up 1,646 points at 170,511. The rebound followed a steep plunge of over 2,500 points earlier in the day.
Latest updates
After plunging by more than 2,500 points in early trading on Friday, the Pakistan Stock Exchange (PSX) staged a remarkable recovery in the second session.
The benchmark KSE-100 index ultimately closed the day with a gain of 1,646 points, settling at 170,511 and regaining the 170,000-point level. The recovery followed a volatile day where the index had earlier fallen to a low of 166,141 points.
The Pakistan Stock Exchange (PSX) continued its bearish trend on Friday, with the KSE-100 index falling by 2,666 points during morning trade, according to the latest reports. This refines earlier estimates of the drop which was reported to be around 2,624 points.
The Pakistan Stock Exchange (PSX) continued its sharp decline during morning trading on Friday, September 11, with the benchmark KSE-100 index falling by as much as 2,624 points. The index was recorded at a level of 166,141 as the bearish trend from the previous day's session carried over.
Sources and updates
اسٹاک مارکیٹ میں مندی کے بعد تیزی
کراچی: پاکستان سٹاک مارکیٹ میں آج مندی کے بعد تیزی کے باعث ہنڈرڈ انڈیکس ایک لاکھ 70 ہزار پوائنٹس کی حد پر بحال ہوگیا۔
پاکستان سٹاک ایکسچینج میں شدید مندی، 2500 سے زائد پوائنٹس کی کمی
پاکستان سٹاک مارکیٹ میں کاروبار کے دوران مندی کا سلسلہ برقرار ہے۔
PSX plunges another 2,600 points as Middle East tensions trigger sell-off
KARACHI – Pakistan Stock Exchange (PSX) opened last of the business week as selling pressure intensified amid rising tensions in…
PSX: Selling continues, KSE-100 sheds nearly 2,600 points
Selling pressure continued at the Pakistan Stock Exchange (PSX) amid escalating geopolitical tensions, with the benchmark KSE-100 Index shedding over 1.5% during the opening minutes of trading on Friday. At 9:50am, the benchmark index was hovering at
This is concerning news. It’s a reminder of how interconnected our economy is with global events. I hope small investors are able to weather this storm.
Yeh achanak गिरावट aur tel ki barhti qeematein aam aadmi ke liye pareshani ka sabab hain. Is se mehengai ka toofan aa sakta hai.
What a rollercoaster. Glad to see it ended in the green, but the volatility is a concern. I wonder what drove the strong recovery in the second session? Institutional buying, perhaps?