PSX tests resistance after sustained recovery

The Express Tribune • Oct 16, 2026

PSX tests resistance after sustained recovery

Pakistan Stock Exchange (PSX) extended its recovery on Thursday, with the benchmark KSE-100 index gaining almost 770 points to close near 166,190, as renewed buying in index-heavy stocks lifted sentiment. However, the market approached a key resistance zone of 167,000-168,000 points, while fluctuations in international oil prices and geopolitical uncertainties remained key risks. At the close of trading, the KSE-100...