PSX Dives Over 3,000 Points Intraday as Bearish Pressure Intensifies

In a new development, the Pakistan Stock Exchange shed over 3,000 points during intraday trading on Thursday as bearish sentiment tightened its grip on the bourse, extending the sell-off reported in earlier sessions. The sharp intraday decline represents one of the steepest single-session drops in recent months and has rattled investor confidence across sectors.

Bears maintained broad control of the market throughout the session, with selling pressure concentrated in heavyweight index stocks including banking, energy, and technology scrips. Analysts attribute the continued decline to a combination of geopolitical anxiety, domestic fiscal uncertainty, and profit-taking following recent index highs.

Trading volumes remained elevated as investors rushed to liquidate positions, with circuit breaker thresholds reportedly tested in some individual scrips. Market participants are closely watching macroeconomic indicators and any signals from the government or the State Bank of Pakistan for guidance on near-term direction.