Pakistan stocks suffered significant losses on Friday as investors reacted to expectations of escalating regional tensions next week. The KSE-100 Index dropped by 3,714 points, or 2.3 percent, closing at 157,496 points compared to 161,210 points in the previous session.
Market analysts told ProPakistani that although the ongoing US-Israeli military operation has not yet threatened Iran’s internal control, the situation remains volatile. Iran is expected to strengthen its response against the US-Israel nexus next week, a development that could impact equities across Asian markets.
A total of 196 million shares were traded during the day, with a total value of Rs. 18.78 billion. Among the 567 listed companies, 105 recorded gains, 311 posted losses, and 151 remained unchanged.
Top traded stocks by volume included K-Electric (KEL) at 36.9 million shares, Cnergyico (CNERGY) at 22.4 million shares, and Unity Foods (UNITY) at 19 million shares. Other notable movers were Hascol (HASCOL), Bank of Punjab (BOP), National Chemical & Pharmaceutical (NCPL), and Worldcall Telecom (WTL), all recording declines in their share prices.
Investor sentiment remains cautious as the market braces for potential regional escalation, which could continue to affect Pakistan’s financial markets in the coming week.
