Overview
- The KSE-100 fell in back-to-back sessions, dropping about 454 points on Monday and about 814 points on Tuesday, leaving the benchmark near the mid-165,000 level.
- Selling was broad-based with heavy pressure on automobile assemblers, cement makers, commercial banks and oil and gas names, while a few corporate results offered only selective support.
- Trading activity jumped between the two sessions with volumes rising from roughly 371 million shares to about 447 million shares, and foreign investors were net sellers in earlier trading.
- Analysts attributed the pullback to a rise in Brent crude toward five-month highs after Gulf security incidents and to Pakistan Bureau of Statistics GDP estimates of 3.65% for FY2026, which undershot earlier forecasts.
- Market participants expect continued volatility and a likely trading band roughly between 164,000 and 168,000 points until sustained earnings surprises, falling oil prices or clearer macro improvements provide direction.