Business

PSX Crashes Below 185,000 After Losing Over 3,700 Points

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Pakistan’s stock market witnessed a sharp sell-off on Friday as heavy selling pressure dragged the KSE-100 Index sharply lower. The benchmark index lost 3,702 points, or 1.97 percent, to close at 184,129 points, slipping below the key 185,000 level.

During mid-session trading, the market plunged even further, shedding 4,489 points to hit an intraday low of 183,547 points, before recovering slightly toward the close.

Despite the steep decline, trading activity remained strong. Total volumes stood at 798 million shares, with market turnover valued at Rs. 48.36 billion.

K-Electric (KEL) dominated the volumes chart, leading the market with over 517 million shares traded during the session.

Top Volume Leaders

Scrip Price (Rs) High Low Change Volume
KEL 8.94 9.16 8.36 +0.63 517,815,082
NBP 263.48 286.00 257.78 -22.94 51,241,717
FNEL 1.63 1.76 1.61 -0.09 50,264,390
BOP 40.09 41.60 38.80 -0.81 42,620,066
WTL 1.64 1.72 1.62 -0.04 41,090,362
PIBTL 19.36 20.75 19.15 -1.32 39,245,432
HASCOL 24.54 25.31 23.81 +0.04 35,483,176

A total of 564 companies traded shares during the session. Of these, 113 stocks closed higher, 323 ended lower, while 128 remained unchanged, highlighting broad-based selling across the market.

Market participants cited profit-taking and cautious investor sentiment as key factors behind the sharp decline.

Sabica Tahira

Experienced Content Writer & Creative Strategist I am an experienced writer passionate about creating engaging, research-driven content across technology, AI, fintech, and cryptocurrency. My goal is to inform, inspire, and connect audiences through impactful storytelling while helping brands build trust and a strong digital presence.