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PSX: Selling continues as KSE-100 sheds nearly 400 points
Selling continued at the Pakistan Stock Exchange (PSX) amid escalating tensions in the Middle East, with the benchmark KSE-100 Index shedding nearly 400 points on Wednesday. At 10:05am, the benchmark index was hovering at 168,994.54, down 397.78 points or 0.23%. Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies and OMCs. Index-heavy stocks, including OGDC, PPL, PSO, HBL, MCB and NBP, traded in the red. On Tuesday, PSX staged a strong recovery as investors responded positively to the State Bank of Pakistan’s (SBP) d...
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