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PSX Update: KSE-100 Index Drops Over 700 Points

The PSX has mirrored trends in global markets, reacting negatively to international economic developments and trade tensions.

The Pakistan Stock Exchange (PSX) on Tuesday experienced significant volatility recently, with the benchmark KSE-100 index losing over 700 points in intraday trading.

As of 12:38 PM PKT on February 4, 2025, the KSE-100 index was trading at approximately 112,504.61 points, reflecting ongoing selling pressure across various sectors.

The KSE-100 index has seen fluctuations, with a notable decline of over 1,500 points in the previous trading session, closing at 112,745.01 points.

At around 12:24 PM PKT, the index was reported at 112,483.99, down by 261.02 points or 0.23%.

However profit-taking wiped out all the intra-day gains, and by 2:05 pm, the benchmark index was hovering around 111,998.34 level, a decrease of 746.67 points or 0.66%.

On Monday, the KSE-100 Index settled at 112,745.01, down by 1,510.72 points or 1.32%.

Key sectors such as commercial banks and oil and gas exploration companies have faced intense selling pressure, contributing to the index’s decline.

Concerns regarding economic stability and profit-taking have led to a bearish sentiment among investors. This has been exacerbated by reports of rising circular debt in the gas sector.

The PSX has mirrored trends in global markets, reacting negatively to international economic developments and trade tensions.

PSX’s KSE-100 index is currently under pressure due to various economic factors and investor sentiment, marking a challenging period for the market as it navigates through significant fluctuations.

Experts attributed Monday’s sharp decline to a reflection of the global market sell-off, rattled by US President Donald Trump imposing hefty import duties on Canada, Mexico and China.

Saman Siddiqui

I am a freelance journalist with a Master’s Degree in Mass Communication and an MS in Peace and Conflict Studies. Since 2006, I have been involved in various capacities within the electronic media industry. At OyeYeah, I cover diverse genres ranging from journalism and fiction to fashion, including reviews and fact-finding reports.

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