The Pakistan Stock Exchange (PSX) suffered sharp losses this week as soaring global oil prices and geopolitical tensions weighed on investor sentiment.
During trading, the market witnessed volatility exceeding 7,000 points, with the benchmark KSE-100 index dropping as low as 144,656 points at one stage. Multiple key thresholds - 151,000, 150,000, 149,000, 148,000, and 147,000 points - were breached in the downturn.
Despite a late recovery in some sessions of up to 2,500 points, the index closed significantly lower. The hundred-index fell between 1,462 and 5,410 points in different trading sessions, ending around 146,297–150,245 points, reflecting widespread selling pressure across sectors.
Market analysts attributed the sell-off to global oil price hikes triggered by ongoing international conflicts and fears over rising inflation. Investor caution was compounded by profit-taking and a lack of buying support, leading to a series of rapid declines.
The PSX remained under pressure throughout the week, with trading halts narrowly avoided, highlighting heightened volatility in the financial market.
