psx drops over
| | |

PSX drops over 1,000 points

The Pakistan Stock Exchange (PSX) remained under pressure on Thursday as the benchmark KSE-100 Index fell by more than 1,000 points during intraday trading, reflecting cautious investor sentiment amid rising geopolitical tensions and uncertainty in global financial markets.

By late morning, the KSE-100 Index had dropped to around 174,994 points, losing over 1,049 points, or approximately 0.6%, from the previous session.

Selling pressure was witnessed across several major sectors, including automobile assemblers, cement, fertiliser, oil and gas exploration, oil marketing companies, power generation and refineries. Heavyweight stocks also traded in negative territory, contributing to the market’s decline.

The latest downturn follows a sharp fall in the previous trading session, when the benchmark index lost nearly 1,581 points. Analysts attributed the continued weakness to escalating tensions in the Middle East, which have fuelled concerns over global economic stability and pushed international oil prices higher.

Global market uncertainty also weighed on investor confidence. Asian stock markets showed mixed performance as investors assessed the US Federal Reserve’s decision to keep interest rates unchanged. The central bank’s policy stance left markets uncertain about the future direction of interest rates, while rising US Treasury yields added to concerns.

Meanwhile, international oil prices remained volatile. Brent crude slipped below $90 per barrel after surging sharply a day earlier as conflict in the Middle East intensified. Despite the heightened tensions, reports indicated that commercial shipping through the region continued.

Regional equity markets also experienced fluctuations, with technology shares remaining under pressure following recent losses linked to concerns over heavy investment in artificial intelligence and slowing returns.

Similar Posts

  • | |

    Bilawal demands transparent AJK election process

    Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari has called for a fair and transparent electoral process in Azad Jammu and Kashmir (AJK), saying the Election Commission’s duty is to protect the people’s vote rather than support any political party. In a statement regarding the first phase of the AJK elections, Bilawal said the credibility of the entire electoral process would depend on ensuring justice and transparency at the initial stage. He urged the Election Commission to address all complaints related to alleged rigging and irregularities before August 2 through open hearings. He also demanded that polling station results and election records be made available to the public to remove doubts and increase confidence in the process. The PPP chairman said his party was not seeking anyone’s favour or special treatment. He said the demand was only for the right to participate in clean, transparent and impartial elections. Bilawal emphasized that the Election Commission should remain neutral and perform its constitutional responsibilities without any pressure. He said the institution’s main responsibility was to safeguard the mandate given by voters. He added that protecting the people’s vote was essential for strengthening democracy and ensuring that the voices of Kashmir’s residents were properly represented. The PPP leader’s statement came amid political discussions over the first phase of the AJK elections, with parties raising concerns and demanding a transparent mechanism to address electoral complaints.

  • Chinese National Arrested in Chiang Mai Over Altered Passport

    CHIANG MAI – Immigration officers in Chiang Mai arrested a Chinese male national on July 17, 2026. The suspect allegedly tried to extend his stay in Thailand by using a heavily altered fake passport. Local officers discovered the forged travel document during a routine review at the local office. The suspect quickly admitted to changing the […]

  • | |

    Six bullet-riddled bodies found across Balochistan

    QUETTA: A wave of violence and tragic accidents swept across Balochistan on Tuesday, as authorities recovered six bullet-riddled bodies from four districts while eight more people, including two women, lost their lives in separate incidents of gunfire, a roadside explosion, a fuel tanker fire and a deadly road crash. According to police officials, the bodies of six unidentified men were recovered from Kalat, Mastung, Panjgur and Kharan, prompting multiple investigations into the killings. Three of the bodies were discovered in different areas of Kalat district. Two were found dumped in the Rej locality after local authorities received information from residents, while another body was recovered from the Chhapar area. All three were shifted to the District Headquarters Hospital for identification, but officials said their identities had not yet been established. In Mastung, police recovered another unidentified man’s body from the Jungle area after receiving reports from local residents. Preliminary investigations suggest the deceased may have been a drug addict, though authorities said the exact cause and circumstances of his death are still being examined. The fifth body was found in Nowan Kur, Panjgur, where police believe the victim was shot dead by unidentified attackers before his body was abandoned. In Kharan, authorities recovered the body of a man who had reportedly been abducted by armed men two days earlier after they stormed his home. His body was later found on the outskirts of the city with bullet wounds. Separate incidents elsewhere in the province added to the death toll. In Kalat’s Mangochar area, unidentified gunmen opened fire on a family travelling from Zhob to Karachi after their driver allegedly failed to stop at a signal. Two women were killed in the attack, while a child sustained injuries and was taken to hospital. Meanwhile, an improvised explosive device (IED) detonated near the N-65 National Highway in Mastung, killing a driver and injuring five others. The explosion severely damaged an LPG tanker and two trailers. In Quetta, two people were burned to death after an oil tanker caught fire at a petrol pump near Sariab Customs. In another tragedy, three people were killed in a head-on collision between two vehicles on the Quetta-Karachi National Highway in the Surab area. Police have launched investigations into the shootings and explosions, while authorities continue efforts to identify the unidentified victims and determine those responsible for the attacks.

  • Thai Earth Observation Satellite Affected by Indian Rocket Failure

    BANGKOK – Thailand’s Geo-Informatics and Space Technology Development Agency (GISTDA) is in close coordination with the Indian Space Research Organisation (ISRO) after the launch of its high-resolution Earth observation satellite, THEOS-2A, encountered a major malfunction. The incident occurred shortly after liftoff from India’s Satish Dhawan Space Centre, reported Thai PBS. Thai Satellite KNACKSAT-2 Set for […]

  • Anutin Apologises for Hat Yai Flood Management

    Prime Minister Anutin Charnvirakul has publicly apologised for the government’s failure in managing the catastrophic floods in Hat Yai, acknowledging its responsibility and pledging to restore normality for affected residents as swiftly as possible. During his fourth visit to the stricken city in a week, the Prime Minister faced complaints from locals about the state’s […]

  • |

    Shahzeb Khanzada’s stance for women applauded by celebrities

    Shahzeb Khanzada is one of Pakistan’s most prominent television anchors and journalists. He hosts his current affairs show every night, where he regularly discusses important national issues and highlights matters affecting ordinary citizens. Over the years, he has also become known for speaking openly about social injustices and calling attention to issues that often fail to receive the attention they deserve. At a time when concerns about violence, abuse and public safety are growing across the country, Khanzada recently used his platform to speak strongly against violence targeting women and children. His remarks came amid widespread public concern over a number of disturbing cases that have emerged in recent weeks, once again raising questions about the safety of vulnerable members of society. Khanzada strongly condemned violence against women and emphasized the responsibility of individuals and society to stand against such acts. He made it clear that remaining silent after becoming aware of violence against a woman cannot simply be treated as neutrality. According to his stance, people who know that a woman is being subjected to brutality but deliberately choose not to speak up also carry a moral responsibility for allowing such violence to continue. His comments struck a chord with many viewers and public figures. Several celebrities took to social media to appreciate the journalist for using his influential platform to address an issue that requires collective attention. They praised him for refusing to remain silent and for highlighting the importance of protecting women from violence and abuse. Actress Ayesha Omar was among those who appreciated Khanzada’s efforts. She thanked him for consistently speaking up on important social matters and acknowledged his willingness to address difficult subjects publicly. Her response reflected the sentiments of many people who believe that influential personalities have an important role to play in raising awareness about serious social problems. Politician and public figure Mussadiq Malek also expressed his support for Khanzada. He urged people to protect and stand behind individuals who use their platforms to speak against injustice. His comments further highlighted the importance of supporting voices that draw public attention to violence and social issues. Actress Samiya Mumtaz also praised Khanzada for raising his voice. She thanked him for speaking about the issue and joining the conversation surrounding violence against women. The reactions from these well-known personalities demonstrate how strongly Khanzada’s message resonated with people from different backgrounds. His comments have also sparked further discussion about the responsibility of media figures, celebrities and ordinary citizens in confronting violence. Cases involving women and children have repeatedly generated anger and concern across Pakistan, with social media often becoming a platform where people demand justice and accountability. However, public outrage alone cannot address the deeper problems behind such incidents. Greater awareness, responsible reporting, stronger legal protection and a willingness to intervene when someone is at risk are all important parts of creating a safer society. Khanzada’s stance has therefore received appreciation not only because he discussed a sensitive issue on television, but also because he emphasized the importance of refusing to normalize silence around violence. The support from celebrities such as Ayesha Omar, Mussadiq Malek and Samiya Mumtaz shows that his message has found an audience beyond his regular viewers. As conversations surrounding women’s safety and violence continue, Khanzada’s remarks have added another prominent voice to the growing demand for greater accountability and protection. His decision to use his platform for the issue has been widely appreciated by those who believe that speaking against injustice is an important responsibility of public figures.

Leave a Reply

Your email address will not be published. Required fields are marked *