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PSX Pullback Halts Two-Day Rally as KSE-100 Holds Near 162,100

The setback follows two strong sessions powered by sector buying, with this year’s advance largely fed by retail cash.

Overview

  • Pakistan’s KSE-100 fell 834 points on Friday to close at 162,103 as trading stayed range-bound and reviewers cited a lack of fresh catalysts.
  • The decline came after gains of 1,291 points on Wednesday and 711 points on Thursday, which lifted the index to 162,936.94.
  • Fertiliser, oil and cement stocks led Friday’s pressure, whereas earlier advances were driven by fertiliser leadership and strength in oil & gas and power.
  • Sentiment during Thursday’s rise was aided by a $330 million Asian Development Bank loan for power transmission and select corporate updates.
  • Bloomberg-reported data show roughly a 40% KSE-100 rise in 2025 with stronger retail participation, while volumes eased on Thursday and foreigners were net sellers including Rs247 million on Friday.