Overview
- The index fell about 1,110 points on Thursday to close near 181,456 after swinging between 183,718 and 180,784, extending a sixth session of consolidation.
- Reports pointed to preparations for potential US intervention, including a precautionary evacuation at Al Udeid Air Base in Qatar, while Tehran issued regional warnings.
- Losses were broad across banking, cement, fertiliser, technology, power and pharma, with oil and gas names such as OGDC and Pakistan Petroleum bucking the trend; Atlas Honda also advanced strongly.
- Breadth and participation weakened, with 482 companies traded, 150 gainers and 289 losers, around 820 million shares in volume, and foreign investors net selling about Rs707 million.
- Brokerages guided for a sideways 180k–187k range and advised selective buy‑on‑dips in quality blue‑chips, flagging oil‑price and inflation risks that could keep volatility elevated.