The local bourse remained under pressure, extending its losing streak as persistent foreign corporate selling dampened sentiment and kept investors cautious.
According to Topline Securities, heightened volatility defined the session, with the index climbing to an intraday high of +1,677 points before aggressive selling pushed it to a low of -2,760 points.
By the close, the benchmark settled at 173,150, down 1,303 points (-0.75 percent), as sustained offloading in heavyweight names continued to weigh on overall momentum.
Index-heavy constituents PSO, HBL, ENGROH, UBL, FFC, and NBP led the decline, collectively eroding 892 points from the benchmark. On the flipside, OGDC, PPL, MTL, and BOP provided support, together adding 359 points to the index.
Best Stocks
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| KEL | 7.82 | 8.2 | 7.67 | -0.31 | 122,541,564 |
| BOP | 34.12 | 35.45 | 30.02 | 0.87 | 79,835,860 |
| WTL | 1.52 | 1.57 | 1.51 | -0.01 | 35,505,622 |
| CNERGY | 7.47 | 7.75 | 7.32 | -0.15 | 28,684,833 |
| PIBTL | 19.51 | 19.7 | 18.81 | 0.52 | 24,906,035 |
| FNEL | 1.38 | 1.45 | 1.35 | -0.03 | 20,184,610 |
| NCPL | 78.77 | 79.62 | 75.15 | 0.18 | 15,476,473 |
Pakistan State Oil (PSO) announced its 2QFY26 results, posting an unconsolidated profit of Rs. 2.7 billion (EPS: Rs. 5.82). Earnings came in below industry expectations due to higher-than-anticipated inventory losses and an elevated effective tax rate.
Despite the negative close, trading activity remained vibrant. Total volumes clocked in at 716 million shares, with turnover reaching Rs. 40.4 billion. K-Electric (KEL) dominated the volumes chart, leading the market with over 122 million shares traded.
