Volatility at PSX: KSE-100 Index Sees 1,000-Point Drop Followed by 750-Point Surge

The Pakistan Stock Exchange (PSX) started the week on a turbulent note, with the benchmark KSE-100 Index plummeting over 1,000 points during the opening hours of trading. Intense selling pressure hit key sectors, including commercial banks, oil and gas exploration, and power generation companies.

Major players such as OGDC, PPL, HBL, and UBL traded in the red, leading the index to a significant decline. Experts linked the sudden meltdown to the government’s announcement of a high-level committee to address the Advances to Deposit Ratio (ADR) issue in the banking sector.

Despite the initial selling frenzy, the bulls regained control, and the KSE-100 Index rebounded by over 750 points, reflecting investor optimism. The PSX later crossed the historic 110,000-point mark, reaffirming market resilience.