Dawn
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11:31 Apr 23, 2026
The Pakistan Stock Exchange (PSX)’s benchmark index KSE-100 continued its bearish momentum on Thursday, losing over 2,400 points. KSE-100 declined by 2,405.93 points or 1.4 per cent to close at 169,173.37 points from the previous close of 171,579.30 points. The bourse rose to an intraday high of 171,561.74 points shortly after opening and declined to an intraday low of 168,416.02 points at 1:27pm. “Bears returned to centre stage as tensions flared around the Strait of Hormuz, where reports of blockades and vessel seizures rattled global sentiment. Meanwhile, Islamabad continues to await Iranian and American officials for expected peace talks, keeping uncertainty elevated,” Topline Securities said. “Amid the risk-off mood, the benchmark index plunged to an intraday low of 3,163 points before settling at 169,173 — down 2,405 points (-1.40%) — as broad-based selling gripped the market,” it said. It said that trading activity stayed relatively subdued, with volumes clocking in at 1,321 million shares and turnover...