Dawn
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13:33 Mar 30, 2026
The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index plummeted by over 4,000 points during intraday trade on Monday. The KSE-100 index declined by 4864.54 points, or 3.21 per cent, to close at 146,842.97 from the previous close of 151,707.51. The index rose to an intraday high of 151,813.61 points at around 9:30am, shortly after trading began. However, it declined to an intraday low of 144,656.97 points at around 11:30am, before settling at 146,842.97. Topline Securities, in its daily market review, said, “the local bourse felt the heat today, as surging oil prices and escalating geopolitical tensions rattled investor confidence”. It said that the investors also grew “wary over the government’s decision to keep fuel prices unchanged for a second consecutive week, raising concerns of fiscal strain”. The statement added that the “bears wasted no time seizing control, unleashing aggressive selling across the board”. “Relentless liquidation pushed the index to an intraday slide of 7,050 points — bringing t...