The Pakistan Stock Exchange (PSX) faced a tough session on Friday as the main index, KSE-100, fell sharply. Investors became worried after rising tensions between Pakistan and Afghanistan, which hit market confidence. The index closed down by 830 points, ending the day at 168,062 points.
During trading, the market fell even more, touching a low below 166,000 points before some recovery. This drop shows strong selling pressure from both local and foreign investors who are cautious about economic and political risks.
Several large companies had a big impact on the decline. Shares of UBL, FFC, OGDC, PPL, and MCB were among the top draggers on the index. These names are major parts of the market, so when they fall, the whole index moves down significantly.
Investors have also been reacting to weaker corporate earnings that did not meet expectations, along with concerns about the future of the Reko Diq mining project, which has been delayed. Foreign selling added to the negative sentiment, as overseas funds pulled money out of Pakistani equities.
Over the month, the KSE-100 lost more than 16,000 points, showing a persistent downtrend. Traders and analysts say that until geopolitical concerns ease and corporate results improve, the market may remain under pressure.
| Indicator | Value |
|---|---|
| KSE-100 Closing | 168,062 |
| Intra-day Low | 165,811 |
| One-Day Change | – 830 points |
| Monthly Change | – 16,112 points |
| Top Negative Stocks | UBL, FFC, OGDC, PPL, MCB |