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Home Business & Stock

PSX falls over 900 points amid volatile session

MM News Staff by MM News Staff
June 10, 2026
Reading Time: 1 min read
Stocks

(File Photo)

The Pakistan Stock Exchange (PSX) witnessed a volatile session on Wednesday as the benchmark KSE-100 Index fell over 900 points.

At close, the benchmark index settled at 169,427.44, a decline of 903.12 points or 0.53%.

Selling pressure was witnessed across major sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration firms, oil marketing companies (OMCs), and power generation.

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Heavyweight stocks such as PAEL, UBL, OGDC, and PPL remained under pressure and traded in negative territory.

On Tuesday, the Pakistan Stock Exchange (PSX) posted a robust recovery as easing tensions between Iran and Israel, coupled with a decline in global crude oil prices, lifted investor sentiment and spurred widespread buying activity across key sectors.

As a result, the benchmark KSE-100 Index advanced by 1,376.85 points, or 0.81%, to close at 170,330.56 points.

Meanwhile, Pakistan received $4.251 billion in workers’ remittances during May 2026, marking a strong increase both on a monthly and annual basis, according to data released by the State Bank of Pakistan (SBP).

Remittance inflows recorded strong growth, rising 20.2% compared to April 2026 and increasing 15.4% from May 2025.

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