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KARACHI: The Pakistan Stock Exchange (PSX) on Wednesday extended its bearish run as nervous investors continued to offload their positions amid worsening geopolitical concerns.
Topline Securities Ltd said the PSX witnessed another volatile trading session, with the benchmark KSE-100 index extending its decline as investor sentiment remained subdued amid escalating geopolitical tensions in the Middle East and a sharp rise in international crude oil prices.
Heightened risk aversion triggered broad-based selling across major sectors, outweighing selective buying interest.
The benchmark index settled at 176,042.98, down 1,580.90 points or 0.89 per cent. During the session, the index traded in a volatile range, touching an intraday high of 176,935.03 and a low of 175,631.74.
