KSE-100 falls 1,493 points on Friday to close at 173,887 on profit-taking
The KSE-100 Index lost 1,493 points, or 0.85 percent, on Friday to close at 173,887 as investors booked profits. The index still gained 7,477 points over the week.
For information only, not investment advice. Prices change quickly: check the time and source of every figure.
- KSE-100 fell 1,493 points (0.85%) on Friday to close at 173,887.
- The index rose 7,477 points, or 4.49%, over the week.
- Trading volume was 1.47 billion shares, worth Rs22.5 billion.
The KSE-100 Index of the Pakistan Stock Exchange ended the week lower on Friday, losing 1,493 points, or 0.85 percent, to close at 173,887. The Express Tribune reported that investors took profits after an earlier rally.
Selling pressure was broad-based during the session. Ali Najib, Deputy Head of Trading at Arif Habib Ltd, said: "investors resorted to profit-taking following recent gains, while persistent economic and geopolitical uncertainties kept sentiment cautious. Selling pressure remained broad-based throughout the session, resulting in a decline in the benchmark index."
Despite the Friday fall, the index gained 7,477 points, or 4.49 percent, over the week. During the week it traded between a high of 176,604 and a low of 165,585. The Express Tribune attributed the weekly recovery to investor sentiment after the United States midterm election outcome and optimism over possible geopolitical de-escalation.
The outlet said rising international oil prices and a widening trade deficit added to investor concerns. Data from the Pakistan Bureau of Statistics shows a trade deficit of $3.9 billion in October 2026.
Exports in October stood at $2.9 billion, up 2.8 percent year-on-year and 0.2 percent month-on-month. Imports rose to $6.8 billion, up 11.8 percent year-on-year and 5.7 percent month-on-month.
UBL, LUCK, ENGROH, FFC, PPL, OGDC, MEBL, SYS, NBP and PSO were the major laggards, together removing about 966 points from the index.
Trading volume reached 1.47 billion shares, with a total traded value of Rs22.5 billion. APLR1 led the volume chart with 687 million shares traded.
The Express Tribune said the market may sustain positive momentum amid improving geopolitical sentiment and easing oil prices, though profit-taking and uncertainties may keep trading volatile.
Background
khabr.pk reported on 4 November that the KSE-100 gained 1,454 points to close at 168,018.87. On 30 October it reported that the index fell 784 points to 166,409, ending a four-session winning run.
Why it matters
Investors in Pakistani shares saw the benchmark index give up part of its recent gains on Friday, though it ended the week higher. Rising oil prices and a wider trade deficit, which the report cites as concerns, bear on the import bill and on businesses that depend on imports. The trade deficit of $3.9 billion in October is the figure markets are watching.
