- KSE-100 index shed 5,149 points to close at 174,453 today.
- Intense selling pressure and economic uncertainty drove the market crash.
- Intra-day losses reached a record 4,936 points during the session.
Fluctuations During Trading Hours
The day began on a negative note as the index initially dropped by 2,264 points, falling to 177,339. Despite brief moments of relative stability where the decline slowed to 670 points at 178,933, the pressure quickly resumed. Further waves of selling pushed the index down by 1,187 points and later by 3,796 points. At one point, the market hit a record intra-day low, plummeting by 4,936 points to reach 174,667 before the final settlement was reached.
Reasons Behind The Decline
Market analysts have pointed toward several factors contributing to this historic single-day loss. Financial experts stated: “The primary drivers for this massive sell-off include intense selling pressure, cautious strategies adopted by major investors, and prevailing economic uncertainty.” This sentiment suggests that the lack of clear economic direction has triggered a precautionary exit by many market participants, leading to the sharp decline in share prices across the board.
Future Market Outlook
As the session concluded with a massive 5,149-point drop, investors remain on high alert, closely monitoring both political and economic developments. The future trajectory of the Pakistan Stock Exchange is expected to depend heavily on upcoming policy announcements and fiscal measures. Market participants are currently maintaining a watchful stance, waiting for signs of stability before committing to new positions in the volatile and unpredictable trading environment.