Overview
- The KSE-100 index closed down 369.69 points at 181,259.68 after a choppy session that swung between a low of 179,411.36 and a high of 182,276.81.
- Selective institutional purchases in major listed firms helped recover much of the early selloff, preventing a deeper close despite broad caution among investors.
- Trading activity cooled from the prior panic-driven day with ready-market volume falling to about 982.12 million shares and traded value to roughly Rs41.86 billion.
- Cnergyico PK led volumes with about 211.68 million shares traded, Khairpur Sugar Mills was the top gainer and PIA Holding was among the largest decliners.
- Futures turnover remained significant at about 220.30 million shares and analysts warn that further escalation in the Middle East could quickly revive volatility while easing tensions would likely improve sentiment.