Volatility Grips Local Bourse Amid Tariff Uncertainty
Staff Report
The Pakistan Stock Exchange remained under significant pressure today, as mounting uncertainty over potential U.S. tariff measures reverberated across global financial markets. In line with the negative trend witnessed in international equities, the local bourse experienced heightened volatility throughout the session.
The benchmark KSE-100 index experienced significant intraday pressure, plunging as much as 2,640 points during the session. Although some recovery was seen in the latter half of the day, the index ultimately settled at 114,153 points, marking a net decline of 1,379 points or 1.19%.Pakistan Market Crashed amid U.S Tariff War
The major drag on the index came from UBL, ENGRO, OGDC, PPL, and SYS, which collectively contributed a negative impact of 639 points.
Traded value wise MARI (Rs.3.87bn), PSO (Rs.1.36bn), DGKC (Rs.1.28bn), OGDC (Rs.1.15bn) and MLCF (Rs.1.12bn) dominated the trading activity.
Total market participation remained robust, with a traded volume of 449 million shares and a traded value of Rs. 26.6 billion.
