PSX Closing Bell: Red Closes the Curtain
The Pakistan Stock Exchange (PSX) ended Thursday's session slightly lower as investors remained cautious amid persistent geopolitical tensions in the Middle East, while Wednesday's sharp selloff continued to weigh on market sentiment despite a partial intraday recovery. Investor confidence remained fragile after the benchmark index's steep decline in the previous session, with concerns over an escalation in the U.S.-Iran conflict prompting participants to stay defensive. Adding to the cautious mood, oil prices climbed after renewed U.S. military action against Iran intensified fears of potential disruptions to global energy supplies.