Pakistan Stock Exchange witnessed a sharp decline on Friday as the benchmark index fell by 1,778 points. The negative trend wiped out billions in market value and reflected strong selling pressure throughout the trading session. Investors remained cautious amid broader regional market weakness.
At the start of trading, the index dropped by 1,327 points and slipped to 170,393 points. Selling pressure continued during the day, preventing any recovery in market sentiment. The downward momentum persisted until the closing session.
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By the end of trading, the benchmark index settled at 171,115 points after a total decline of 1,778 points. This followed a positive session a day earlier when the market had gained 1,189 points. The sharp reversal highlights ongoing volatility in the market.
Meanwhile, Asian markets also recorded declines, adding to global pressure on equities. Hong Kong’s Hang Seng Index fell by 1.09 percent, while South Korea’s KOSPI declined by 0.72 percent. Japan’s Nikkei index and China’s Shanghai Composite also posted losses.
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Analysts say global economic uncertainty and shifting investor sentiment are contributing to regional market fluctuations. The latest downturn reflects cautious trading behavior across major Asian exchanges.