🚨 PROFIT-TAKING HITS PSX AFTER 3-DAY RALLY 📉
Pakistan's stock market lost momentum as traders rushed to lock in gains before the upcoming Eid holidays.
🔻 KSE-100 Index: 167,844
📉 Down 670 points (-0.40%)
📈 Intraday High: 169,625
⚡ What moved the market?
✅ Optimism from ongoing US-Iran negotiations ✅ Falling global oil prices boosted early sentiment
❌ Heavy profit-taking erased gains later in the session
❌ Trading volume dropped 34%, signaling reduced participation
🎯 Markets are now focused on one key catalyst:
🇺🇸🤝🇮🇷 US-Iran talks
A diplomatic breakthrough could fuel another rally across regional markets, while any setback may trigger fresh volatility.
👀 Smart money is watching geopolitical headlines closely as the next major move could be driven by developments in the Middle East.
📊 Bulls paused. Bears stepped in. The next trend may depend on diplomacy, not earnings.
🔥 Are you bullish or bearish on PSX this week?
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