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PSX falls on fourth consecutive session

The Pakistan Stock Exchange (PSX) closed the last trading week session lower on Friday as persistent geopolitical tensions in the Middle East continued to dampen investor sentiment.

PSX witnessed a mixed session today, with the KSE-100 Index declining 718 points (-0.42% DoD) to close at 171,021.

“The market opened on a weak note as persistent geopolitical tensions in the Middle East continued to weigh on investor sentiment,” noted Ali Najib, Deputy Head of Trading at Arif Habib Ltd.

Concerns over the ongoing conflict kept international oil prices and global borrowing costs elevated, prompting investors to maintain a cautious, risk-off stance.

During the session, the benchmark index remained highly volatile, touching an intraday high of 172,719 (+979 points; +0.57%) and an intraday low of 169,513 (-2,227 points; -1.30%), before trimming losses by the close.

On the macro front, the Sensitive Price Index (SPI) for the week ended 23-Jul-2026 increased 9.66% YoY and 0.91% WoW.

Read: PSX ends lower for third straight session

On the index contribution front, AICL, TRG, MEBL, ENGROH, and FCCL collectively added 117 points to the benchmark index. Conversely, UBL, NBP, SYS, HBL, and FFC collectively erased 436 points amid selective selling pressure.

Market activity remained subdued, with traded volume standing at 573 million shares and total turnover of PKR 23.7 billion. CNERGY topped the volume chart with 59.3 million shares traded.

The KSE-100 Index ended the week on a negative note, declining 4,782 points (-2.72%) WoW to close at 171,021.

During the week, the benchmark traded between an intraday high of 178,370 and a low of 169,513, as heightened geopolitical tensions kept market volatility elevated.

Going forward, market direction is expected to remain driven by geopolitical developments and their impact on international oil prices.

While volatility may persist in the near term, attractive valuations could continue to encourage selective buying if external risks begin to ease.Latest News, Breaking News & Top News Stories | The Express TribuneOur CorrespondentRead More

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