July 24, 2026 (MLN): The Pakistan Stock Exchange (PSX) closed Friday's session lower, although the benchmark KSE-100 Index staged a recovery from its intraday low as late-session buying in select stocks helped pare earlier losses.
The market remained under pressure amid heightened geopolitical tensions between the United States and Iran.
However, a nearly 3% decline in in early trading offered some relief to investors concerned about rising energy costs and Pakistan's external account. Despite the drop, crude remained on track for a weekly gain of around 10% as the ongoing military tensions continued to fuel concerns over global energy supplies.
The benchmark KSE-100 Index concluded Friday's trading session at 171,021.20, showing a decrease of 718.24 points or 0.42%.
The index traded in a range of 3,205.78 points, touching an intraday high of 172,718.66 (+979.22 points) and a low of 169,512.88 (-2,226.56 points).
The total volume traded in the KSE-100 Index stood at 228.53 million shares.
Of the 100 index companies, 32 closed higher, 67 ended lower, while 1 remained unchanged.
Top losers during the day were IBFL (-4.35%), LOTCHEM (-2.93%), TGL (-2.33%), NBP (-2.18%), and CHCC (-1.97%).
On the gaining side were PGLC (+6.71%), AICL (+6.38%), TRG (+3.66%), TPLRF1 (+3.04%), and HGFA (+2.19%).
In terms of index-point contributions, UBL (-166.97pts), NBP (-77.27pts), SYS (-75.06pts), HBL (-71.97pts), and FFC (-44.79pts) exerted the biggest drag on the benchmark.
Meanwhile, AICL (+34.39pts), TRG (+25.92pts), MEBL (+25.47pts), ENGROH (+16.19pts), and FCCL (+14.78pts) provided support to the index.
Sector-wise, the KSE-100 Index was let down by Commercial Banks (-370.92pts), Oil & Gas Exploration Companies (-115.40pts), Technology & Communication (-75.73pts), Cement (-53.14pts), and Fertilizer (-50.18pts).
On the positive side, Insurance (+34.39pts), Investment Banks / Investment Companies / Securities Companies (+29.71pts), Real Estate Investment Trust (+12.56pts), Paper, Board & Packaging (+10.66pts), and Automobile Parts & Accessories (+7.35pts) supported the index.
In the broader market, the All-Share Index closed at 103,836.38, down 422.85 points or 0.41%.
Total market volume stood at 579.94 million shares, compared with 525.12m in the previous session, while traded value increased by Rs0.47bn to Rs23.90bn.
A total of 355,315 trades were reported across 492 companies, with 186 stocks closing higher, 270 lower, and 36 remaining unchanged.
| Symbol | Price | Change % | Volume |
|---|---|---|---|
| CNERGY | 10.29 | 1.88% | 59,327,773 |
| TSBL | 2.24 | 0.00% | 36,977,902 |
| KOSM | 6.05 | 9.21% | 32,626,744 |
| PRL | 53.14 | 1.14% | 24,565,429 |
| WTL | 1.23 | 0.82% | 21,618,473 |
| BOP | 32.64 | -1.03% | 20,591,638 |
| TPLP | 12.97 | -1.89% | 19,232,151 |
| KEL | 7.14 | 1.13% | 18,140,027 |
| MDTL | 6.38 | 18.59% | 15,731,176 |
| WAVESAPP | 8.8 | 6.80% | 13,338,005 |
To note, the KSE-100 has lost 9,280 points or 5.15% during the fiscal year, whereas it has decreased 3,033 points or 1.74% so far this calendar year.