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PSX falls 1.26%: What’s driving the sell-off?

The absence of near-term bullish drivers, coupled with mutual fund outflows, pressured the Pakistan Stock Exchange this week

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Business Desk

The Business Desk tracks economic trends, market movements, and business developments, offering analysis of both local and global financial news.

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The absence of near-term bullish drivers, coupled with mutual fund outflows, pressured the Pakistan Stock Exchange this week. The KSE-100 index declined by 2,039 points or 1.26%, closing at 159,593.

In this edition of Stock Watch, Nukta’s Shuja Qureshi and Shahbaz Ashraf, alongside A A H Soomro, Independent Economic and Investment Analyst, delve into the underlying causes of the downturn and highlight key developments that could shift market sentiment.

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