Overview
- The KSE-100 index closed near 170,425 after losing roughly 339–340 points following an intraday swing between about 171,126 and 170,120.
- Trading was lighter than the previous session with roughly 420–421 million shares traded and total value near Rs17–17.7 billion, while decliners outnumbered advancers 267 to 181.
- Refinery, fertiliser and select technology stocks provided support but heavy selling in major banks and large industrials produced a larger drag on the index.
- Foreign investors were net sellers of about Rs99.2 million, and market commentators warned that higher oil prices tied to Strait of Hormuz tensions could keep risk aversion and volatility elevated.
- Officials said Pakistan held talks with the US Exim Bank on possible financing for privatized PIA aircraft but that no government loan or sovereign guarantee has been announced, a detail that limits immediate fiscal exposure while external funding conversations continue.