Trading at the Pakistan Stock Exchange (PSX) was suspended today after the market dropped more than 6,000 points.
In accordance with market regulations, trading will remain halted for 30 minutes to manage the volatility and provide investors with time to assess the situation.
Pakistan Stock Exchange witnessed a sharp downturn on April 7, 2025, as the benchmark KSE-100 index plunged by 4,411.07 points, or 3.71%, to reach 114,380.59 as of 11:39 AM. This marks one of the steepest single-day drops in recent months.
The index, which opened at a high of 117,601.62, fell steadily to touch the day’s low of 114,380.59. Trading volume was significantly high, with over 147 million shares exchanging hands.
Despite a robust 64.29% gain over the past year, the year-to-date (YTD) performance has now slipped into negative territory at -0.65%. The index had closed at 118,791.66 in the previous session.
The current day's range fluctuated between 114,380.59 and 117,601.62, while the 52-week range stands between 68,710.50 and 120,796.67.
Investors remain wary amid market uncertainty, with analysts citing political concerns, macroeconomic instability, and global cues as key drivers behind the decline.
Historic Plunge in PSX 100 Index Triggers Margin Calls for Investors
The Pakistan Stock Exchange (PSX) has experienced a historic drop in the KSE-100 index, plummeting over 6,287 points, leading to a cascade of margin calls. Investors who borrowed money to buy securities are now facing demands from brokers to deposit additional funds or securities to maintain the minimum required balance in their margin accounts. The sharp decline in the market has put many traders under pressure as they scramble to meet the new capital requirements, marking a turbulent day for the stock market.
Earlier, the Pakistan Stock Exchange (PSX) opened in the red on April 7, 2025, with the benchmark KSE-100 index dropping 3,377.57 points, or 2.84%, to trade at 115,414.09 as of 10:09am.
The market opened at a high of 117,601.62 but quickly declined, reaching a low of 115,397.00. Trading volume stood at 63.14 million shares in early hours. Despite the sharp drop, the KSE-100 index has posted a strong 65.78% gain over the past year. However, the year-to-date (YTD) change remains modest at 0.25%.
The previous session closed at 118,791.66. The current day's range is between 115,397.00 and 117,601.62, while the 52-week range stands between 68,710.50 and 120,796.67.
Key indices being tracked include KSE100, ALLSHR, KSE30, KMI30, BKTI, OGTI, KMIALLSHR, PSXDIV20, UPP9, NITPGI, NBPPGI, MZNPI, JSMFI, ACI, JSGBKTI, MII30, and HBLTTI.
Investors remain cautious amid market fluctuations, watching closely for economic indicators and corporate earnings that could influence the market’s direction.