PSX Closing Bell: Bears Flip the Script

October 30, 2026 (MLN): The benchmark KSE-100 Index closed Friday's trading session at 166,409.25, shedding 784.18 points or 0.47%, as renewed selling pressure across heavyweight sectors weighed on market sentiment amid rising oil prices and heightened Middle East tensions.

Crude prices moved higher and headed for a fourth consecutive monthly gain, marking their strongest monthly advance since July, as concerns over global supply disruptions intensified following increased attacks by Yemen's Iran-aligned Houthis on Saudi Arabia.

The sustained rise in oil prices added to worries over Pakistan's import costs and external pressures, keeping investors cautious.

The index traded within a range of 1,012.03 points, touching an intraday high of 167,338.72, up 145.29 points, before retreating to a low of 166,326.69, down 866.74 points.

KSE-100 volume stood at 235.53m shares, with market breadth remaining negative as 69 index companies closed lower, 30 higher, and 1 unchanged.

IBFL led the losers with a decline of 4.51%, followed by BNWM (-3.32%), PKGS (-3.24%), FATIMA (-3.14%), and CNERGY (-3.12%).

On the gaining side, CPHL rose 4.28%, followed by THCCL (+2.30%), JDWS (+2.09%), UPFL (+1.66%), and POL (+1.58%).

UBL emerged as the biggest drag on the index, erasing 102.66 points, followed by LUCK (-88.36pts), HBL (-70.19pts), FATIMA (-49.16pts), and ATRL (-48.21pts).

Meanwhile, EFERT provided the highest positive contribution of 51.93 points, while POL, MEBL, ENGROH, and OGDC added 48.18pts, 40.82pts, 22.90pts, and 13.13pts, respectively.

Sector-wise, Commercial Banks led the decline with a negative contribution of 259.70 points, followed by Cement (-158.48pts), Refinery (-69.79pts), Oil & Gas Marketing Companies (-55.11pts), and Fertilizer (-50.13pts).

The index received support from Inv. Banks / Inv. Cos. / Securities Cos. (+21.53pts), Glass & Ceramics (+6.30pts), Sugar & Allied Industries (+5.60pts), Property (+4.90pts), and Leather & Tanneries (+4.45pts).

In the broader market, the All-Share Index settled at 100,707.77, recording a loss of 457.17 points or 0.45%.

Total market volume increased to 825.47m shares from 816.83m in the previous session, while traded value declined by Rs8.42bn to Rs23.12bn.

A total of 358,762 trades were recorded across 501 companies, with 173 stocks closing higher, 300 lower, and 28 remaining unchanged.

To note, the KSE-100 has lost 13,892 points or 7.71% during the fiscal year, whereas it has decreased 7,645 points or 4.39% so far this calendar year.

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