PSX falls below 170k over regional conflict
Pakistan Stock Exchange (PSX) came under renewed selling pressure on Tuesday, with the benchmark KSE-100 index shedding 825.22 points, or 0.48%, as concerns over prolonged Middle East tensions and elevated oil prices weighed on investor sentiment. The index started off on a strong note, climbing 324.35 points, or 0.19%, to 170,749.97 by 9:38 am, but reversed course later and remained in the red by the close of trading. It touched the intra-day high of 170,944.35 and low of 169,538.23 before settling at 169,600.41.