On February 24, 2026, the Pakistan Stock Exchange (PSX) experienced a dramatic decline, with the benchmark KSE-100 Index closing down 5,478 points at 167,691. This follows a staggering drop of over 5,149 points just a week prior, marking the second major decline in the year. The index had briefly rebounded to an intraday high of 174,336 before heavy selling pressure pushed it down to a low of 166,886, showcasing significant volatility in the market. Trading activity remained robust, with total volumes reaching 687 million shares and turnover at Rs38.4 billion, indicating that investor engagement persists despite the negative sentiment. PSX Chief Executive Officer Farrukh H. Sabzwari highlighted that the ongoing declines are influenced by declining interest rates and the prevailing international political situation, particularly the uncertainty surrounding the Iran-U.S. conflict, which is affecting global oil prices.
BUSINESS
Pakistan Stock Exchange Plummets 5,478 Points Amid Geopolitical Tensions
92% NEGATIVE
On February 24, 2026, the Pakistan Stock Exchange saw a major drop, with the KSE-100 Index down 5,478 points, driven by foreign selling, political uncertainty, and weak corporate results amid volat...
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