PSX Sees Decline as 100-Index Drops 341 Points

he Pakistan Stock Exchange (PSX) experienced a bearish trend on February 17, 2025, with the KSE-100 index declining by 341.76 points, or 0.30%, closing at 111,743.53 points. This drop reflects ongoing concerns over foreign outflows and profit-taking among investors after a recent rally. The index had previously peaked at 112,524.81 points during the session but failed to maintain momentum as selling pressure increased across several sectors, including banking and energy.
Despite the decline, analysts suggest that the market remains supported by improving economic fundamentals, including a notable current account surplus reported recently. Investors are advised to stay cautious amid ongoing volatility and reassess their positions in the market.
Source: psx.com.uk