Selling pressure was observed at the Pakistan Stock Exchange on Monday, as a result of which the KSE-100 Index dropped by more than 900 points at the start of trading.
According to reports, at 10:00 a.m. the index was down by 924.19 points, or 0.50 percent, to 183,485.48 points. Selling was seen in major sectors including automobile assemblers, cement, chemicals, commercial banks, oil and gas exploration companies, oil marketing companies (OMCs), power generation, and refineries. However, heavyweight stocks such as ARL, Hubco, OGDC, Mari, POL, PPL, PSO, SSGC, MCB, MEBL, and UBL were trading in the positive zone.
It is worth noting that last week Pakistan’s equity market closed with strong gains, as the KSE-100 Index ended at 184,410 points, up 5,375 points or 3 percent on a weekly basis, marking a strong start to the year 2026.
On the international front, the US dollar weakened and US stock futures declined. S&P 500 futures fell by 0.5 percent, while European futures were down 0.1 percent during Asian morning trade. The dollar also slipped by around 0.2 percent against major rival currencies, falling to 158 yen and 1.1660 euros.
