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PSX Slides Deeply as Selling Intensifies, Index Falls Over 800 Points

Investor caution has risen because higher oil prices plus regional security incidents have raised market risk and strained liquidity.

Overview

  • Trading turned sharply negative after an early rebound, with the KSE-100 falling about 814 points on Tuesday to 165,151.64 following renewed selling pressure across sectors.
  • Monday’s session erased an intra-day recovery when broad-based selling pushed the index down roughly 454 points to 165,966.09, setting a fragile tone that carried into Tuesday.
  • Turnover in shares traded fell versus the prior session while the value of trades rose to about Rs19.6 billion, showing less participation but larger money flowing through fewer deals.
  • The National Clearing Company reported net foreign selling of Rs254.1 million, and analysts say continued outflows will keep liquidity tight unless buyers return.
  • Pakistan’s dependence on imported oil makes the market sensitive to Brent crude moves, so rising oil prices and Gulf security incidents are key risks to watch along with upcoming corporate earnings.