KSE-100 Index Falls 609 Points Amid Selling Pressure, Geopolitical Uncertainty
The Pakistan Stock Exchange (PSX) saw the KSE-100 Index fall by 609.51 points to settle at 170,506.31 on Monday, marking a decline of 0.36%. The index initially dropped 1,433.57 points within minutes after trading began but briefly returned to positive territory around midday before profit-taking brought it back into negative territory. Key sectors such as cement, banks, oil and gas exploration companies, OMCs (Oil Marketing Companies), and power generation stocks were major contributors to the selloff.
Ismail Iqbal Securities noted in its daily report that despite a brief positive session during midday, the index closed on a negative note amid regional geopolitical uncertainties. The report indicated that DoD (Defense Development) sectors, banks, cement, and pharmaceutical companies were among the major laggards, collectively shedding 758 points from the index.
Overall trading volume increased to 1.10 billion shares compared to Friday's 1 billion, with a value of Rs31 billion traded in shares. K-Electric led in terms of trading volume with 376.9 million shares, gaining Rs0.83 to close at Rs8.95.
Meanwhile, remittances to Pakistan recorded an inflow of $3.5 billion in April 2026, representing a year-on-year increase of 11.4% and a month-on-month decrease of 7.6%.
