Overview
- The benchmark KSE‑100 fell about 2,288 points to roughly 165,867 after a day of heavy selling that drove the index to an intraday low near 165,764.
- Market participants linked the drop to the breakdown of government‑PTI negotiations and the party’s march toward Islamabad, which led authorities to place roadblocks around the capital.
- Analysts said oil price swings intensified investor concern because higher fuel costs can push up inflation and worsen Pakistan’s external account, and markets later turned higher on regional disruption worries.
- Foreign investors were net sellers of Rs45 million and trading volumes were active, with intraday turnover reported between 72.4 million and 169 million shares across different session readings.
- Investors and brokers warned volatility is likely to persist until there is clearer political direction, firmer oil price trends, and guidance from the upcoming Monetary Policy Statement, a trio of near‑term triggers for the market.