The Pakistan Stock Exchange witnessed a sharp decline on the first trading day of the week, with heavy selling pressure pushing the benchmark index below the 170,000-point level.
At the opening of business, the market fell by more than 1,500 points, bringing the KSE-100 Index down to 169,589 points.
This follows the previous session where the index had closed at 171,115 points, indicating a sudden shift in investor sentiment.
The decline reflects broader volatility in emerging markets, with investors reacting to global economic uncertainty and profit-taking trends.
Meanwhile, Asian stock markets showed mixed performance across the region, highlighting uneven investor confidence.
In South Korea, the KOSPI Index surged by 4.87%, while Taiwan’s index rose by 1%, and China’s Shanghai Composite also recorded nearly a 1% increase.
However, Indonesia’s Jakarta Composite Index dropped by 3%, Hong Kong’s Hang Seng Index fell by 0.29%, and Japan’s Nikkei Index declined slightly by 0.17%, reflecting mixed regional sentiment.
