PSX Plunges 3,240 Points Amid Global Market Decline

KARACHI: The Pakistan Stock Exchange (PSX) is experiencing a downward trend, with the KSE-100 Index dropping by 3,240 points.

On the fourth trading day of the week, the market opened with a sharp decline, bringing the index down to around 151,051 points.

Rising tensions in the Middle East are also affecting global financial markets.

South Korea’s KOSPI Index fell by about 3 percent, Japan’s Nikkei 225 dropped by 3 percent, Taiwan’s stock market declined, China’s Shanghai Composite Index fell by around 1 percent, and Hong Kong’s Hang Seng Index saw nearly a 2 percent decrease.

The decline in Pakistan reflects broader global market trends and increasing uncertainty for investors.

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