PSX Closing Bell: Down in the Dumps

May 13, 2026 (MLN): The benchmark KSE-100 Index extended its losing streak on Wednesday, closing at 167,451.13, down by 1,465.09 points or 0.87%, as investor sentiment remained fragile amid persistent geopolitical uncertainty and cautious institutional activity.

The index traded within a range of 2,357.95 points, reaching an intraday high of 169,687.29 (+771.07) and a low of 167,329.34 (-1,586.88) points. Total traded volume in the KSE-100 Index stood at 208.51 million shares.

Out of the 100 index companies, 26 closed higher while 74 declined, reflecting continued broad-based selling pressure across the market.

Among the top losers were BNWM (-9.94%), TRG (-7.43%), YOUW (-5.66%), HBL (-3.92%), and BAHL (-3.19%). On the gaining side, INIL (+2.90%), TPLRF1 (+1.99%), IBFL (+1.96%), HCAR (+1.73%), and JDWS (+1.69%) posted modest gains.

In terms of index-point contribution, HBL (-234.44pts), UBL (-168.52pts), BAHL (-158.23pts), LUCK (-91.26pts), and HUBC (-80.94pts) were the major drags on the benchmark index. Meanwhile, PPL (+49.15pts), SRVI (+24.37pts), COLG (+13.71pts), POL (+10.63pts), and INIL (+9.54pts) helped limit losses.

Sector-wise, the market was weighed down by Commercial Banks (-791.31pts), Technology & Communication (-135.73pts), Cement (-121.47pts), Fertilizer (-91.45pts), and Power Generation & Distribution (-91.26pts). However, gains in Oil & Gas Exploration Companies (+45.14pts), Leather & Tanneries (+24.37pts), Real Estate Investment Trust (+4.73pts), Sugar & Allied Industries (+4.52pts), and Engineering (+4.38pts) provided some support.

In the broader market, the All-Share Index closed at 101,001.00, posting a decline of 592.67 points or 0.58%. Total market volume stood at 684.90 million shares, while traded value was recorded at Rs21.74 billion. A total of 348,280 trades were reported across 483 companies, with 149 closing higher, 298 lower, and 36 remaining unchanged.

Investor sentiment remained subdued as concerns persisted over escalating geopolitical tensions in the Middle East and uncertainty surrounding the future of U.S.-Iran relations. Continued fears of instability in the Strait of Hormuz and the potential impact on global energy markets kept investors cautious, particularly in heavyweight banking and cyclical sectors.

To note, the KSE-100 has gained 41,824 points or 33.29% during the fiscal year, whereas it has decreased 6,603 points or 3.79% so far this calendar year.

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