PSX saw selling pressure with KSE-100 down over 800 points amid rate cut expectations.

The market experienced selling pressure during early trading ahead of the Monetary Policy Committee meeting today, as investors adjusted positions anticipating a policy rate cut.

Possible impact on PSX shares

• OGDC Oil & Gas Development Company Limited▼ Could be negative

  OGDC shares faced downward pressure as broad market selling affected major index heavyweights during the early trading session.

  Price when this was written: Rs 297.07 · Live price, chart and results

• HUBC The Hub Power Company Limited▼ Could be negative

  HUBC saw negative movement as cautious sentiment and profit-taking spread across heavyweights following the market opening drop.

  Price when this was written: Rs 187.45 · Live price, chart and results

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Business Recorder: PSX: selling at bourse, KSE-100 down over 800 points