PSX takes heavy hit as KSE-100 plummets 6,000 points
Business
PSX opened the new week with a decline of over 6,000 points to reach 173,574. Investor uncertainty continues amid an upcoming IMF review of the $7B EFF and fiscal discussions.
KARACHI (Dunya News) – The Pakistan Stock Exchange (PSX) began the new business week on a negative note, continuing the losses from the previous week due to prevailing investor uncertainty.
During intraday trading, the KSE-100 index plunged by over 6,000 points to drop to 173,574 points compared to previous close of 179,603.73 points.
An IMF delegation is scheduled to visit Pakistan in the final week of February 2026 to begin the third review of the $7 billion Extended Fund Facility (EFF).
The key objective of this meeting is to secure the next $1 billion tranche, with talks set to concentrate on fiscal targets and the upcoming 2026–27 federal budget.
In previous session, the benchmark KSE-100 witnessed a bearish trend, losing 908.92 points, a negative change of 0.50 percent, to close at 179,603.73 points compared to 180,512.65 points on the previous trading day, according to PSX data.
During the session, the ready market recorded a trading volume of 708.968 million shares with a traded value of Rs 38.887 billion, against 873.996 million shares valuing Rs 41.766 billion in the previous session. Market capitalization declined to Rs 20.359 trillion from Rs 20.438 trillion a day earlier.
Out of 481 active companies in the ready market, 194 advanced, 231 declined, and 56 remained unchanged.
