Overview

• The KSE-100 closed at 158,443 after a 4,655-point, 2.85% slide.
• ISPR said at least 23 Pakistani soldiers and over 200 militants were killed in overnight fighting along the Afghan border.
• Reports of countrywide TLP protests after the reported shooting of leader Saad Hussain Rizvi deepened risk aversion.
• Selling swept banking, energy and cement shares, with Bank AL Habib, Engro Holdings and Lucky Cement among the main drags.
• Turnover eased to 1.37 billion shares with Rs62.5 billion in value, 65% of it in Shariah-compliant stocks, while foreigners posted Rs617.2 million in net buying.