KSE-100 Index drops 826.21 points, or 0.62%, to settle at 132,576.98

(Web Desk): The Pakistan Stock Exchange (PSX) closed in the red on Wednesday as investor sentiment weakened due to bearish trends in global equities, declining crude oil prices, and uncertainty over US trade tariff decisions. Additional concerns were raised after the Asian Development Bank (ADB) flagged issues related to tax compliance.
The benchmark KSE-100 Index dropped 826.21 points, or 0.62%, to settle at 132,576.98, compared to the previous close of 133,403.19. During the session, the index touched an intraday high of 133,566.37, up 0.12%, before plunging to a low of 132,326.17, reflecting a drop of 1,077.02 points, or 0.81%.
This downturn follows a marginal gain on Tuesday, when the index rose by 33.04 points to close at 133,403.19. Market analysts expect continued volatility amid global economic uncertainty and domestic fiscal concerns.
Trump hints at further delay in TikTok’s sale deadline
- 3 hours ago

FIA arrests human smuggler with 6 Afghan nationals in Quetta
- 6 hours ago
Three dead as protesters set fire to council building in Indonesia
- 4 hours ago

Karachi imposes complete ban on heavy traffic for 11th, 12th Rabi-ul-Awwal
- 3 hours ago

US President Trump cancels visit to India
- 2 hours ago
KP to install panic buttons to combat harassment of women
- 6 hours ago
Will AI take your job? The answer Is not what you think
- 7 hours ago

FBR issues new rules for online businesses
- 2 hours ago

Federal cabinet approves 15% increase in EOBI pensions
- 6 hours ago
PM Shehbaz arrives in Tianjin, China, for official visit
- 5 hours ago
Punjab Assembly Speaker urges immediate economic relief for flood-hit families
- 7 hours ago

Debunking your favorite NFL officiating conspiracy theories
- 7 hours ago