Bank, cement, and energy stocks pulled the KSE-100 index down by 1.54% to 171,739.
BY Mahnoor | 24-07-2026
KARACHI: The KSE-100 Index fell again on Thursday, closing below 171,740 points, down 2,700 points, as cautious investors and widespread selling kept the market under pressure.
According to Ahmed Sheraz of KASB KTrade, the index closed at 171,739 points, down 2,690 points (1.54%) from the previous day, as cautious investor sentiment and broad selling kept the benchmark under pressure. Trading activity stayed healthy, with 242 million shares traded in the KSE-100.
Trading was mainly driven by CNERGY, LOTCHEM, BOP, and KEL, while selling pressure was focused on banks, cement, and oil and gas company stocks. For the overall market, UBL, FFC, ENGROH, LUCK, and HUBC were among the biggest losers, pulling down the main index.
Investor feelings were still hurt by the big jump in world oil prices, which is a big worry because it could affect Pakistan’s inflation, money going out, and overall economic stability. High energy prices kept people from wanting to take risks all day.
Looking ahead, market direction will probably depend on changes in world oil prices and the wider political situation. If oil prices calm down, it could help improve feelings, but if oil stays strong, investors may stay careful for a while.
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