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KSE-100 Sinks to New Closing Low as PakistanAfghanistan Rift Roils Sentiment

A breakdown in IslamabadKabul talks prompted risk-off selling that traders say could persist through rollover week.

Overview

  • The benchmark closed at 156,733, down 1,732 points, after swinging from an intraday high of 159,507 to a low near 156,328.
  • Brokers tied the decline to geopolitical strain following failed IslamabadKabul negotiations, with institutional selling, margin calls and profit taking accelerating losses.
  • Heavyweights including Engro, Bank of Punjab, Systems, UBL, MCB, Thal, Bank Alfalah, Mari Petroleum, Service Industries and PPL collectively shaved about 1,538 points from the index.
  • Trading remained active with roughly 846.8 million shares changing hands for Rs37.5 billion, underscoring a volatility-heavy session.
  • Macro signals framed the backdrop as the government raised Rs1.057 trillion in a T‑bill auction, SBP FX purchases over the past year totaled $7.15 billion, and NCCPL recorded Rs657.7 million in net foreign buying.