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Jun 03, 2026 01:27 pm views : 73

Location : Pakistan Stock Exchange

PSX falls over 500 points ahead of June 10 budget

PSX falls over 500 points ahead of June 10 budget

The decline followed a modest recovery on Tuesday, when the KSE-100 gained 421 points (0.25%) to settle at 171,021.77, supported by falling oil prices and selective buying. That rebound came after Monday's sharp sell-off, when the index plunged 3,362 points (1.93%) to 170,600.20, driven by surging oil prices after the US-Iran peace deal failed and domestic inflation hitting 11.66%, its highest since June 2024.