Overview
- The Pakistan Stock Exchange fell sharply on Monday, losing about 720–721 points to close near 176,975 as renewed US‑Iran fighting and a jump in Brent oil hit risk appetite.
- A handful of large-cap stocks—United Bank, Systems Ltd, Habib Bank, Lucky Cement and Pakistan Petroleum—collectively shaved roughly 755 points off the index and amplified the headline decline.
- Trading activity surged with ready‑market volume around 937 million shares and turnover near Rs39.13 billion, while reported foreign investors sold about Rs1.05 billion worth of stock.
- Refinery and selected energy counters outperformed as Brent moved above $90 a barrel, a development that raises Pakistan’s fuel import bill and puts pressure on inflation and the rupee.
- Buying returned in early Tuesday trade with the KSE‑100 up over 400 points intraday, but markets remain sensitive to further Middle East moves and upcoming US jobs and CPI reports that will influence global yields.