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PSX: selling conintues, KSE-100 down nearly 1%

Business Recorder • • 1 min read

PSX: selling conintues, KSE-100 down nearly 1%

The KSE-100 fell 1,710.04 points, or 0.95%, to 177,373.76 on Thursday, extending pressure at the Pakistan Stock Exchange, Business Recorder reported. The index had started higher and reached 180,310.44, but selling later erased those gains. A brief rebound toward 178,400 in the afternoon faded, and the benchmark subsequently touched 177,271.60.

The decline included a sharp midday drop toward 177,500, followed by renewed selling later in the session. Wednesday’s close was also lower, with the index slipping 251.44 points, or 0.14%, to 179,083.80. International markets presented a mixed picture: Asian shares were uneven, while US stocks rose on Wednesday; Nvidia shares fell more than 8% in after-hours trading.

At a glance

  • The KSE-100 ended Thursday down 0.95% at 177,373.76.
  • The index’s intraday high was 180,310.44 and its low was 177,271.60.
  • Nvidia shares declined more than 8% after the US market close.

Originally reported by Business Recorder

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