KARACHI: Trading at the Pakistan Stock Exchange (PSX) began on a negative note on Tuesday, with the market showing significant losses in the early session.
The KSE-100 Index fell by 1,595 points, closing the morning session at 149,129 points.
This decline follows a strong finish on the previous day, when the index had risen by 809 points to close at 151,207 points. Market analysts attribute the downward trend to rising geopolitical tensions in the Middle East, which have affected investor sentiment across the region.
Asian markets showed mixed performance amid the ongoing tensions. Japan’s Nikkei index recorded a slight gain, while stock markets in Thailand and China also showed minor increases.
In contrast, Indonesia’s Jakarta index experienced a drop of nearly 1 percent, and Hong Kong’s Hang Seng index fell by 1 percent. Malaysia’s FTSE Bursa index also recorded a marginal decline.
Investors and market watchers are closely monitoring these developments, as global geopolitical concerns continue to influence trading patterns in Pakistan and the broader Asian markets.
