Stock Market Bleeds Amid India Tensions, profit-Taking
The Pakistan stock market concluded the session on a negative note, pressured by escalating geopolitical concerns related to India, cautious investor sentiment, and heightened profit-taking. The benchmark index traded within a broad range, hitting an intraday high of 336 points and a low of 2,992 points, before settling at 167,752 — reflecting a decline of 1,237 points or 0.73%.
The decline was largely driven by losses in stocks such as ENGROH, MEBL, HUBC, BAFL, and UBL, which collectively dragged the index down by 625 points. However, partial support came from FFC, AICL, and HBL, contributing a combined 279 points.KSE-100 Index Crosses 168000 Points
Despite the decline, market participation remained healthy. Total traded volume stood at 1.27 billion shares, while the total traded value reached PKR 60 billion. BOP emerged as the volume leader, with 131 million shares,” Topline analysts said.
