The Pakistan Stock Exchange (PSX) extended its downward trajectory for a second straight trading session on Tuesday, as persistent selling pressure weighed on key sectors. The benchmark KSE-100 Index shed points during intraday trade, reflecting cautious investor sentiment amid macroeconomic uncertainties and profit-taking following recent gains.
Market analysts attribute the decline to a combination of factors, including concerns over upcoming monetary policy decisions, foreign fund outflows, and weak corporate earnings in select heavyweight stocks. Trading volumes remained moderate, suggesting participants are adopting a wait-and-see approach ahead of clearer directional cues.
Sectors such as banking, fertilizer, and cement led the losses, while selective buying in oil and gas exploration names provided limited support. Investors are closely monitoring developments on the IMF program review and fiscal indicators for near-term market direction.
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