Overview
- On Monday the KSE-100 closed around 176,966–176,970 after slipping roughly 199–200 points from intraday gains.
- The session swung widely between about 178,122 and 176,735 and recorded heavy turnover of roughly 920–934 million shares with traded value near Rs43–44 billion.
- Late selling and profit‑taking pushed the index down as investors weighed a Moody’s upgrade to B3 against rising headline inflation expectations and higher oil prices tied to Strait of Hormuz tensions.
- A small group of large caps drove much of the move, with OGDC, PPL, MLCF, DGKC and FCCL contributing positively while ENGROH, MEBL, SRVI, SYS and MCB acted as the main drags.
- Analysts say near‑term trading is likely to stay range‑bound with key support near 175,000 and that upcoming domestic inflation data and global policy or geopolitical developments will determine the next leg of the market’s direction.