{"id":1196,"date":"2025-05-26T11:14:57","date_gmt":"2025-05-26T11:14:57","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=1196"},"modified":"2025-05-26T11:14:57","modified_gmt":"2025-05-26T11:14:57","slug":"psx-plunges-600-points-as-budget-delay-sparks-investor-panic","status":"publish","type":"post","link":"https:\/\/youdigital.pk\/en\/2025\/05\/26\/psx-plunges-600-points-as-budget-delay-sparks-investor-panic","title":{"rendered":"PSX Plunges 600 Points as Budget Delay Sparks Investor Panic"},"content":{"rendered":"<p data-start=\"169\" data-end=\"428\"><strong data-start=\"169\" data-end=\"181\">KARACHI:<\/strong> The Pakistan Stock Exchange took a sharp dive on Monday, shedding over 600 points amid growing anxiety over the postponed federal budget announcement.<\/p>\n<p data-start=\"169\" data-end=\"428\">The benchmark KSE-100 index dropped 886 points intraday, reflecting widespread investor unease.<\/p>\n<p data-start=\"430\" data-end=\"581\">Market experts blame the delay and ongoing uncertainty over IMF conditions for the sell-off, as investors pull back ahead of critical fiscal decisions.<\/p>\n<h2 data-start=\"583\" data-end=\"897\"><strong data-start=\"583\" data-end=\"627\">Investor Jitters Amid Budget Uncertainty<\/strong><\/h2>\n<p data-start=\"583\" data-end=\"897\">Chief Executive of Topline Securities, Mohammed Sohail, pointed to the delayed budget and unclear IMF terms as key factors pushing investors to reduce exposure.<\/p>\n<p data-start=\"583\" data-end=\"897\">Analysts also noted pressure on the oil sector due to unresolved circular debt issues and tariff concerns.<\/p>\n<h2 data-start=\"899\" data-end=\"1197\"><strong data-start=\"899\" data-end=\"939\">Signs of Hope Despite Market Turmoil<\/strong><\/h2>\n<p data-start=\"899\" data-end=\"1197\">Despite the slump, some optimism remains.<\/p>\n<p data-start=\"899\" data-end=\"1197\">The government\u2019s reduced primary surplus target is expected to ease the tax burden somewhat, signaling a potentially more people-focused budget. Experts anticipate market recovery once budget details become clear.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>KARACHI: The Pakistan Stock Exchange took a sharp dive on Monday, shedding over 600 points amid growing anxiety over the postponed federal budget announcement. The benchmark KSE-100 index dropped 886 points intraday, reflecting widespread investor unease. Market experts blame the delay and ongoing uncertainty over IMF conditions for the sell-off, as investors pull back ahead &hellip;<\/p>\n","protected":false},"author":6,"featured_media":1197,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[39,305,304],"class_list":["post-1196","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","tag-budget","tag-investors","tag-psx"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/1196","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=1196"}],"version-history":[{"count":1,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/1196\/revisions"}],"predecessor-version":[{"id":1198,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/1196\/revisions\/1198"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/1197"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=1196"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=1196"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=1196"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}