On April 24, 2026, the KSE-100 index of the Pakistan Stock Exchange (PSX) opened significantly lower, plummeting to 166,380.71 points, marking a decline of over 2,700 points by 10:00 am. By noon, the index was recorded at 167,007.65 points, down 2,165.72 points or 1.28% from the previous close. Major sectors such as automobiles, cement, and commercial banks faced widespread selling, with key stocks like HUBCO, MARI, and OGDC trading in negative territory. This downturn follows a 2,406-point decline the previous day, reflecting ongoing uncertainty in the geopolitical landscape, particularly regarding US-Iran relations and rising oil prices.
BUSINESSPublished 23 Apr 2026 • Published 1 day ago • Updated 1 day ago
KSE-100 Index Plummets Over 2,700 Points Amid US-Iran Tensions
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The Pakistan Stock Exchange (PSX) continued to decline sharply, with the KSE-100 index dropping over 2,700 points to 166,380.71 amid heightened geopolitical tensions and stalled US-Iran talks. Key sectors faced intense selling pressure, reflecting a cautious investor sentiment.
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