Pakistan’s equity market experienced a pronounced sell-off, sliding into a sharp downturn amid aggressive selling pressure. The benchmark KSE-100 Index declined by 5,149 points (-2.95%), closing the session at 174,453 points.
The steep drop was primarily driven by foreign outflows, as reflected in the previous session’s data. Additionally, escalating political noise further dampened investor confidence, intensifying the bearish momentum.Stock Market Continues Momentum
Index-heavy constituents—including Fauji Fertilizer Company, United Bank Limited, Engro Holdings, Habib Bank Limited, and Bank AL Habib Limited—emerged as the primary laggards, collectively eroding 1,680 points from the benchmark during the session.
Despite the downturn, trading activity with total volumes 768 million shares and turnover valued at Rs46.1 billion. K-Electric (KEL) dominated the volumes chart, leading the market with over 63 million shares traded.
