PSX Closing Bell: Bulls Head for the Exit

November 06, 2026 (MLN): The benchmark KSE-100 Index closed Friday's trading session at 173,886.68, declining 1,493.18 points or 0.85%, as rising oil prices and renewed concerns over a possible military confrontation between the United States and Iran weighed on investor sentiment.

The index traded within a range of 1,559.30 points, touching an intraday high of 174,369.19, down 1,010.67 points, and a low of 172,809.89, down 2,569.97 points. The KSE-100 recorded a trading volume of 195.81 million shares.

Market breadth remained negative, with 78 companies closing lower and 22 advancing.

Among the major laggards, ILP fell 3.01%, KOHC declined 2.88%, TGL lost 2.79%, BOP dropped 2.40%, and PSX shed 2.38%.

On the gaining side, PSEL surged 10.00%, followed by SSOM up 6.16%, YOUW up 5.14%, NCPL gaining 3.36%, and BNWM rising 2.47%.

In terms of index-point contributions, UBL dragged the benchmark down by 222.13 points, followed by LUCK with 117.08 points, ENGROH with 97.87 points, FFC with 88.90 points, and PPL with 80.51 points.

Conversely, PSEL contributed 125.88 points, BAHL added 40.51 points, SRVI contributed 20.78 points, NCPL added 12.22 points, and NPL contributed 6.54 points.

Sector-wise, Commercial Banks led the decline, subtracting 541.25 points from the benchmark, followed by Cement with 261.28 points, Oil & Gas Exploration Companies with 191.70 points, Fertilizer with 136.56 points, and Investment Banks / Investment Companies / Securities Companies with 115.35 points.

On the supporting side, Miscellaneous added 126.44 points, while Leather & Tanneries contributed 20.78 points. Food & Personal Care Products, Textile Spinning, and Vanaspati & Allied Industries added 3.06, 1.50, and 1.28 points, respectively.

In the broader market, the All-Share Index closed at 104,193.89, down 830.04 points or 0.79%.

Total market volume increased to 1,480.00 million shares from 999.81 million in the previous session, while traded value fell by Rs23.49 billion to Rs22.57 billion.

A total of 363,303 trades were reported across 500 companies, with 190 advancing, 277 declining, and 33 remaining unchanged.

To note, the KSE-100 has lost 6,415 points or 3.56% during the fiscal year, whereas it has decreased 168 points or 0.10% so far this calendar year.

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