Pakistan stocks extend losing streak as benchmark index falls below 166,000

 Pakistan stocks extend losing streak as benchmark index falls below 166,000
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Summary Pakistan’s stock market fell for a fifth straight session, with the KSE-100 Index closing below 166,000 amid sustained selling pressure and weak regional market trends.

KARACHI (Dunya News) – Pakistan’s stock market remained under pressure for a fifth consecutive session on Friday, with the benchmark index slipping below the 166,000 mark by the close of trading.
 
The market opened on a positive note, gaining more than 300 points in early trade, pushing the KSE-100 Index to an intraday high of 166,890 points. However, sentiment reversed sharply during the session as selling pressure intensified across key sectors.
 
By the end of the trading day, the benchmark index had dropped 902 points to settle at 165,596, firmly in negative territory. The continued decline reflects cautious investor sentiment
and persistent market volatility.
 
The downturn follows losses recorded in the previous session, when the index had closed 952 points lower at 166,498, highlighting a sustained bearish trend throughout the week.
Market analysts attribute the pressure partly to external factors, including concerns over a potential increase in interest rates in the United States, which has weighed on global and regional equities.
 
Asian markets also faced notable declines amid similar concerns. South Korea’s KOSPI index fell by 3.79 per cent, while Indonesia’s Jakarta Composite Index dropped 2 per cent. Japan’s Nikkei index recorded a decline of 1.61 per cent.
 
Meanwhile, Hong Kong’s Hang Seng Index slipped by around 1 per cent, reflecting broader regional weakness. In contrast, China’s Shanghai Composite Index posted a marginal gain, offering limited relief to investors.
 
The ongoing uncertainty in global financial markets, coupled with domestic economic concerns, continues to influence investor behaviour in Pakistan, with participants adopting a cautious approach.
 
 
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