Pakistan equities suffered a sharp decline on Monday, triggered by negative regional developments over the weekend that sparked panic among investors. The KSE-100 Index fell by 4,864 points, a drop of 3.21 percent, closing the session at 146,842 points.
Earlier in the day, the main bourse briefly plunged by 7,050 points, or 4.6 percent, reaching a low of 144,656 points. A total of 308 million shares changed hands during the trading session, with the market value of traded shares standing at Rs. 26 billion.
Out of 567 companies that transacted on the stock market, 51 saw their share prices rise, 379 experienced losses, and 137 remained unchanged. K-Electric (KEL) topped the volume chart with over 56 million shares traded, followed by Bank of Punjab (BOP) with nearly 36 million, and D.S. Leasing (DSL) at more than 31 million shares. Other notable volumes included WorldCall Telecom (WTL) at nearly 27 million, Fauji Fertilizer (FNEL) at roughly 19.8 million, UNITY Foods at over 13.6 million, and National Bank of Pakistan (NBP) also at about 13.6 million shares.
The sharp volatility reflects lingering investor concerns about regional uncertainties and their potential impact on Pakistan’s markets.
