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PSX Staggers Back to Small Gain After Sharp Early Selloff

Escalating USIran military exchanges triggered heavy early selling before late selective buying restored most losses, leaving markets dependent on geopolitical developments with upcoming corporate earnings seen as the next trigger.

Overview

  • The Pakistan Stock Exchange recovered late to finish marginally higher after a steep early fall, with the KSE‑100 closing around 175,927 following swings between about 173,636 and 176,129.
  • The session opened with panic selling that erased more than 2,000 points in early trade but selective buying in blue‑chip stocks helped most losses to be recouped by the close.
  • Trading was active with roughly 675.9 million shares exchanging hands and a traded value near Rs30.2–30.3 billion, while Cnergyico PK led volumes with about 166 million shares.
  • Official data from the National Clearing Company showed foreign investors were net buyers of roughly Rs175 million during the session.
  • Analysts say near‑term direction will hinge on further USIran developments and the incoming corporate earnings season because higher oil prices and regional risk have weakened market breadth and capitalisation.