Alert: PSX Erases Weekly Gains; KSE-100 Support Level Broken Amid Islamabad Peace Talks

KARACHI — The Pakistan Stock Exchange (PSX) faced a “Negative Monday” hangover, with the KSE-100 index failing to sustain its record highs. The index slipped below the psychological barrier of 170,000 points during intraday trading as investors opted for profit-taking amid the high-stakes talks in Islamabad. Despite the “Stable” outlook from global agencies, the aggressive rhetoric from the Strait of Hormuz and the seizure of cargo ships have made local investors cautious, leading to a dip in trading volumes.