KSE-100 Sheds Nearly 1,000 Points in Early Morning Selloff

The KSE-100 index fell by nearly 1,000 points in early trade on Tuesday as selling pressure continued unabated across the bourse, reflecting deepening investor anxiety about Pakistan's monetary policy trajectory and broader macroeconomic conditions.

The sharp decline came on the back of the State Bank of Pakistan's recent decision to raise the policy rate, which rattled equities markets already under pressure from global uncertainty and domestic economic headwinds. Investors moved to reduce exposure across multiple sectors, with blue-chip stocks among the hardest hit.

Market analysts noted that the selloff reflected a confluence of factors including elevated interest rates, concerns over corporate earnings, and risk-off sentiment tied to global volatility. The decline extended a broader bearish trend that has gripped the Pakistan Stock Exchange in recent sessions.

Traders cautioned that without a clear policy signal from the central bank or a positive macroeconomic catalyst, the market remained vulnerable to further downside. The Exchange's circuit breaker mechanisms were being closely monitored by regulators as the morning session progressed.