B

Glossary · PSX term

Bear market.

A bear market is a sustained period of falling prices, usually a drop of 20% or more from a high.

Definition

Bear markets often accompany economic stress, rising interest rates, or political uncertainty, and can persist for months. Prices may keep falling even when individual companies look cheap.

Worked example

If the KSE-100 fell 25% over several months during a currency crisis, that period would be called a bear market.

Related on PSX Clarity

Market sentiment

More glossary terms

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