The Pakistan Stock Exchange (PSX) plunged 3,668 points on Tuesday as investors feared security risks. The KSE-100 index closed at 157,870.50 points, down 2.27 percent. Market confidence fell after deadly attacks in Islamabad and Wana, prompting widespread caution. Analysts said geopolitical tensions and regional violence contributed heavily to the sharp decline.
Trading was volatile, with the index swinging between 161,516 and 157,765 points. Key stocks including Engro Corporation, Oil and Gas Development, Hub Power, Fauji Fertiliser, and Lucky Cement fell sharply. These major decliners alone accounted for nearly 1,000 points of the overall loss. Market participants rushed to sell shares amid growing uncertainty.
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Despite the decline, trading volumes rose 6.78 percent to 836.42 million shares. Total traded value increased 4.68 percent to Rs38 billion. First National Equities led the session with 77.1 million shares traded. Experts said heightened investor caution caused broad-based sell-offs across sectors.
Regional concerns also weighed on markets. Monday’s bomb blast in New Delhi killed nine people and added to market anxiety. Meanwhile, Indian indices recovered slightly on hopes of a US trade deal and resolution of a government shutdown. Analysts remain cautious, watching regional security developments closely.
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Investors now monitor the PSX for further losses, particularly around the 155,000 support level. Any breach could trigger more selling as market sentiment remains fragile. Security developments will dictate PSX performance in the coming days.