Pakistan’s stock market ended the week on a sharply negative note on Friday, with the benchmark KSE-100 index plunging by more than 3,700 points amid rising investor concerns over escalating geopolitical tensions in the Middle East.
Market analysts told a news daily that the ongoing US-Israel military operation has not significantly weakened Iran’s hold on power, with no major internal defections or large-scale public unrest reported so far. However, investors fear that Iran could intensify and broaden its military response against the US-Israel alliance next week, a development that may further pressure equity markets across the region.
Reflecting these concerns, the KSE-100 index at the Pakistan Stock Exchange dropped 3,714 points, or 2.3 percent, to close at 157,496 compared with 161,210 in the previous trading session.
Trading activity remained moderate during the session, with about 196 million shares changing hands. The total value of traded shares stood at Rs. 18.78 billion by the close of the market.
Out of 567 companies that traded shares during the day, 105 posted gains, while 311 recorded losses. The share prices of 151 companies remained unchanged.
| Scrip | Price | High | Low | Change | Volume |
|---|---|---|---|---|---|
| KEL | 7.81 | 7.99 | 7.75 | -0.24 | 36,917,726 |
| CNERGY | 6.70 | 7.02 | 6.61 | -0.28 | 22,424,861 |
| UNITY | 9.46 | 9.84 | 9.31 | -0.62 | 19,052,764 |
| HASCOL | 16.21 | 17.17 | 15.80 | -0.23 | 17,094,881 |
| BOP | 28.28 | 29.10 | 27.83 | -0.93 | 14,603,681 |
| NCPL | 65.37 | 67.98 | 63.10 | -3.04 | 12,958,520 |
| WTL | 1.26 | 1.32 | 1.25 | -0.03 | 11,873,904 |
