KARACHI:

The Pakistan Stock Exchange (PSX) witnessed a sharp downturn on Thursday as the benchmark index extended its losing streak amid heightened volatility, subdued corporate earnings, and heavy rollover activity. The KSE-100 index lost over 1,730 points to settle a little above 156,730.

Investor sentiment remained fragile throughout the session, with the market swinging widely before closing deep in the negative territory. Heavyweight stocks such as Engro, The Bank of Punjab (BOP), Systems Limited, United Bank, and MCB Bank dragged the index lower, reflecting investor caution over uncertain macroeconomic conditions and mixed earnings announcements.

Despite the decline, overall participation stayed strong, indicating continued retail and institutional engagement even in a risk-averse

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