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  "path": "/latest/psx-snaps-winning-streak-kse-100-drops-0-41pc-on-profit-taking/",
  "publishedAt": "2026-06-05T12:00:53.000Z",
  "site": "https://humenglish.com",
  "tags": [
    "Business",
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    "Pakistan",
    "PSX snaps winning streak, KSE-100 drops 0.41pc on profit-taking",
    "HUM News English"
  ],
  "textContent": "KARACHI: The Pakistan Stock Exchange (PSX) closed lower on Friday, erasing earlier gains as profit-taking in major sectors dragged the market down at the end of the trading week.\n\nThe benchmark KSE-100 index ended the session down 696 points, or 0.41 per cent, to close at 170,478 points.\n\nThe market witnessed a volatile session, with the index hitting an intraday low of 170,254 points as investors offloaded shares to lock in profits after recent gains.\n\nMarket analysts attributed the downturn to institutional selling and a cautious approach ahead of upcoming macroeconomic indicators.\n\n\"We saw across-the-board selling pressure today,\" said a Karachi-based equity analyst.\n\n\"Investors preferred to book profits, particularly in heavy-weight sectors that have rallied over the past few weeks.\"\n\nThe cement, chemical, fertilizer, oil and gas, and commercial banking sectors dominated trading volume, witnessing heavy architectural turnover as institutional investors reshuffled their portfolios.\n\nMarket participation remained robust, though sentiment was weighed down by broader economic uncertainties.\n\nTraders note that the index is likely to remain range-bound in the coming week as the market looks for fresh triggers, including updates on fiscal policy and foreign investment inflows.\n\nThe post PSX snaps winning streak, KSE-100 drops 0.41pc on profit-taking appeared first on HUM News English.",
  "title": "PSX snaps winning streak, KSE-100 drops 0.41pc on profit-taking"
}