{"id":3640,"date":"2025-06-20T16:55:45","date_gmt":"2025-06-20T11:55:45","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=3640"},"modified":"2025-06-20T14:30:46","modified_gmt":"2025-06-20T09:30:46","slug":"psx-slips-below-120000-amid-geopolitical-tensions","status":"publish","type":"post","link":"https:\/\/youdigital.pk\/en\/2025\/06\/20\/psx-slips-below-120000-amid-geopolitical-tensions","title":{"rendered":"PSX Slips Below 120,000 Amid Geopolitical Tensions"},"content":{"rendered":"<p class=\"ds-markdown-paragraph\"><strong>ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Thursday, with the benchmark KSE-100 index closing below the 120,000 mark after early gains were erased by regional tensions.<\/strong><\/p>\n<p class=\"ds-markdown-paragraph\">The market opened strong following approval of a Rs1.275 trillion power sector debt plan but succumbed to profit-taking as Middle East tensions spooked investors.<\/p>\n<h3><strong>Early Optimism Fades Quickly<\/strong><\/h3>\n<p class=\"ds-markdown-paragraph\">The index initially surged 1,279 points after the cabinet approved a six-year circular debt management plan.<\/p>\n<p class=\"ds-markdown-paragraph\">This bullish momentum reflected investor confidence in government measures to address chronic energy sector issues.<\/p>\n<p class=\"ds-markdown-paragraph\">Banking sector heavyweights including UBL and MCB provided substantial support during the morning session.<\/p>\n<h3><strong>Geopolitics Trump Domestic Reforms<\/strong><\/h3>\n<p class=\"ds-markdown-paragraph\">Market sentiment reversed sharply as reports of escalating Iran-Israel tensions dominated global headlines.<\/p>\n<p class=\"ds-markdown-paragraph\">The index plunged 696 points intraday before closing at 120,002.59 &#8211; down 0.38% with broad-based selling.<\/p>\n<p class=\"ds-markdown-paragraph\">Trading volumes declined 14.5% as risk-averse investors moved to sidelines amid geopolitical uncertainty.<\/p>\n<p class=\"ds-markdown-paragraph\">Analysts noted the market&#8217;s vulnerability to external shocks despite positive domestic developments.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Thursday, with the benchmark KSE-100 index closing below the 120,000 mark after early gains were erased by regional tensions. The market opened strong following approval of a Rs1.275 trillion power sector debt plan but succumbed to profit-taking as Middle East tensions spooked investors. &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":[271,1820,1368],"class_list":["post-3640","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","tag-economy","tag-investments","tag-stocks"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/3640","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=3640"}],"version-history":[{"count":1,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/3640\/revisions"}],"predecessor-version":[{"id":3643,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/3640\/revisions\/3643"}],"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=3640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=3640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=3640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}