PSX Suffers Sharp Decline as Bears Take Control Amid Global Market Pressure

KARACHI – The Pakistan Stock Exchange (PSX) witnessed a bearish trend during the early trading hours on Friday, as uncertainty in the global markets triggered heavy selling across multiple sectors.

The benchmark KSE-100 Index dropped by over 900 points, trading around 115,219 points, as investor sentiment turned negative following developments in international markets.

Market experts linked the bearish spell to renewed concerns over global trade tensions, particularly after US President Donald Trump’s recent tariff moves, which fuelled uncertainty and selling pressure worldwide.

Several key sectors at PSX came under pressure, including automobile assemblers, commercial banks, oil and gas exploration companies, oil marketing companies (OMCs), power generation firms, and refineries.

Major stocks like MARI, OGDC, PPL, POL, PSO, SNGPL, HUBCO, MEBL, NBP, and MCB were seen trading in the red, adding to the overall negative momentum at the bourse.