Overview
- KSE-100 dropped 1,732 points to 156,732.87, breaching the earlier October trough to set a fresh closing low.
- The index whipped from 159,507 at the session high to 156,328 at the low during a volatile futures rollover week.
- Analysts linked the sell-off to the breakdown in Islamabad–Kabul talks, margin calls, institutional liquidation, profit-taking, and uneven earnings.
- Engro, Bank of Punjab, Systems, UBL, and MCB were among the heaviest drags as turnover held firm near 848 million shares with about Rs37.6 billion traded.
- Policy context included a Rs1.057 trillion T-bill take-up and reports of $7.15 billion in SBP FX purchases, while strategists flagged a need to reclaim 160,000 to stabilize sentiment.
 
 