PSX closed the week on a careful note, as the benchmark KSE-100 Index declined by 3,715 points to settle at 157,496. During the short lived trading session, investor sentiment remained subdued, with market participants largely adopting a defensive stance ahead of the weekend.
The cautious approach was primarily driven by concerns over rising escalation in the ongoing US–Iran conflict, driving investors to reduce risk exposure amid heightened geopolitical uncertainty. On the macroeconomic front, according to a survey conducted by Arif Habib Limited, the State Bank of Pakistan is widely expected to maintain the policy rate at 10.5% in the upcoming monetary policy meeting.