• Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Friday, December 5, 2025
Daily The Business
  • Login
No Result
View All Result
DTB
No Result
View All Result
DTB

KSE-100 sheds over 400 points amid late profit-taking

December 2, 2025
in Markets
KSE-100 sheds over 400 points amid late profit-taking
Share on FacebookShare on TwitterWhatsapp

A volatile session was observed at the Pakistan Stock Exchange (PSX) on Tuesday, with the benchmark KSE-100 Index unable to sustain morning gains as investors resorted to profit-taking during the final hours of trading, sending the index to close in the red zone.

At close, the KSE-100 Index settled at 167,642.27, a decrease of 419.92 points or 0.25%.

On the economic front, Pakistan’s trade deficit increased by nearly 33% to $2.86 billion in November 2025, as compared to the same month of the previous year, data released by the Pakistan Bureau of Statistics (PBS) showed on Tuesday.

On Monday, PSX opened the first session of December on a strong upward trajectory, with major indices, market capitalisation, and trading volumes all showing robust improvement, mainly due to strong institutional buying. The benchmark KSE-100 Index surged by 1,384.50 points to close at 168,062.19.

Internationally, stocks made muted gains on Tuesday, as traders remained wary following a slide in cryptocurrencies and a global bond selloff triggered by a looming interest rate hike in Japan.

S&P 500 futures were steady in early trade, after falls on Wall Street overnight, while Japanese government bonds remained under pressure ahead of a 10-year auction after a weeks-long tumble on concern about the nation’s fiscal outlook.

Ten-year JGB yields ticked up 1.5 basis points to a 17-year top of 1.88% in morning trade.

Bitcoin, which has been a talisman for sentiment, had an unsettling 5.2% slump on Monday and at $87,000 is down 30% from an October peak.

MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.6% while Tokyo’s Nikkei crept 0.5% higher after logging a sharp drop on Monday.

Share15Tweet10Send
Previous Post

Tariffs, AI boom could test global growth’s resilience, OECD says

Next Post

Italy October jobless rate falls to 6.0%, 75,000 jobs created

Related Posts

Palm rises on Dalian strength, weaker ringgit; eyes second weekly gain
Markets

Palm rises on Dalian strength, weaker ringgit; eyes second weekly gain

December 5, 2025
Intra-day update: rupee records gain against US dollar
Markets

Intra-day update: rupee records gain against US dollar

December 5, 2025
Bullish momentum at bourse, KSE-100 gains over 1,100 points in early trade
Markets

Bullish momentum at bourse, KSE-100 gains over 1,100 points in early trade

December 5, 2025
Chevron’s Gorgon LNG project secures $2 billion investment nod
Markets

Chevron’s Gorgon LNG project secures $2 billion investment nod

December 5, 2025
Oil steady after Ukraine strike on Russian oil pipeline does not disrupt supply
Markets

Oil steady after Ukraine strike on Russian oil pipeline does not disrupt supply

December 4, 2025
China, India import more thermal coal, but price gains may weigh: Russell
Markets

China, India import more thermal coal, but price gains may weigh: Russell

December 4, 2025

Popular Post

  • FRSHAR Mail

    FRSHAR Mail set to redefine secure communication, data privacy

    126 shares
    Share 50 Tweet 32
  • How to avoid buyer’s remorse when raising venture capital

    33 shares
    Share 337 Tweet 211
  • Microsoft to pay off cloud industry group to end EU antitrust complaint

    54 shares
    Share 22 Tweet 14
  • Capacity utilisation of Pakistan’s cement industry drops to lowest on record

    47 shares
    Share 19 Tweet 12
  • SingTel annual profit more than halves on $2.3bn impairment charge

    47 shares
    Share 19 Tweet 12
American Dollar Exchange Rate
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy
Write us: info@dailythebusiness.com

© 2021 Daily The Business

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Advertise
  • Contact Us
  • Daily The Business
  • Privacy Policy

© 2021 Daily The Business

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.