Aaj News

PSX opens lower as KSE-100 index faces early selling pressure

Investors respond to mixed signals from US administration on tariffs
Published 24 Apr, 2025 12:48pm
Stock brokers monitor new on television screen at a booth, during a trading session at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023. REUTERS
Stock brokers monitor new on television screen at a booth, during a trading session at the Pakistan Stock Exchange, in Karachi, Pakistan July 3, 2023. REUTERS

The Pakistan Stock Exchange (PSX) began the day on a negative note, with the benchmark KSE-100 Index experiencing significant selling pressure.

On Thursday, in the initial hours of trading, the index dropped by over 2,500 points but managed to recover some losses, showing a decline of 786 points by 11:00am, hovering at 116,439.83, down from the previous close of 117,226.15.

Market analysts suggest that rising tensions between Pakistan and India may have contributed to the stock market’s downturn.

The situation escalated after India suspended the Indus Waters Treaty with Pakistan, following a deadly attack on tourists in Indian-administered Jammu and Kashmir, which New Delhi attributed to Pakistan.

Read more

PSX continues with bearish trend, loses 366 points

Global markets tumble as rising tariff tensions weigh on sentiment, oil prices plunge amid recession fears

PSX sees continued growth as KSE 100 index reaches 116,000 points

Globally, stock markets also faced challenges, with investors reacting to mixed signals from the U.S. administration regarding tariffs and the Federal Reserve’s leadership.

Recent comments from U.S. President Donald Trump regarding Fed Chair Jerome Powell have left investors uncertain about future economic policies.

As the trading day progresses, market participants are closely monitoring developments both locally and internationally, which could further impact investor sentiment.

Pakistan

PSX

pakistan stock exchange

KSE 100