PSX Closing Bell: Every Rose Has Its Thorn

July 14, 2026 (MLN): The Pakistan Stock Exchange (PSX) suffered another sharp selloff on Tuesday, with the benchmark KSE-100 Index ending the session deep in the red as investors continued to dump equities amid escalating geopolitical tensions and a surge in global oil prices.

Market sentiment remained heavily pressured after U.S. President Donald Trump announced that Washington would impose a 20% shipping fee on cargo transiting the Strait of Hormuz and reinstate a blockade of Iranian ports, heightening fears of fresh disruptions to global crude supplies.

The escalation fueled concerns over inflationary pressures, higher import costs, and broader economic uncertainty, prompting widespread risk-off sentiment across the market.

The benchmark KSE-100 Index concluded Tuesday's trading session at 173,518.81, down 6,408.23 points or 3.56%.

The index traded in a range of 4,762.63 points, touching an intraday high of 178,112.04 (-1,815.00 points) and a low of 173,349.41 (-6,577.63 points).

The total volume traded in the KSE-100 Index stood at 409.23 million shares.

Of the 100 index companies, 1 closed higher while 99 ended lower.

Top losers during the day were GHNI (-8.74%), TRG (-8.21%), GAL (-8.01%), AKBL (-7.65%), and MLCF (-7.55%).

The only stock to post a gain was UPFL (+0.36%), while HCAR (-0.33%), JDWS (-0.46%), RMPL (-0.59%), and POL (-0.62%) registered the smallest declines.

In terms of index-point contributions, UBL (-687.45pts), ENGROH (-400.88pts), FFC (-357.85pts), LUCK (-319.35pts), and MEBL (-291.35pts) exerted the biggest drag on the benchmark.

Meanwhile, UPFL (+1.67pts), BNWM (-0.29pts), PGLC (-0.38pts), HCAR (-0.79pts), and YOUW (-1.20pts) provided the least negative impact on the index.

Sector-wise, the KSE-100 Index was weighed down by Commercial Banks (-2,161.93pts), Cement (-806.41pts), Oil & Gas Exploration Companies (-656.14pts), Fertilizer (-550.58pts), and Investment Banks / Investment Companies / Securities Companies (-449.48pts).

The sectors showing the smallest declines were Woollen (-0.29pts), Leasing Companies (-0.38pts), Textile Weaving (-1.20pts), Sugar & Allied Industries (-1.33pts), and Vanaspati & Allied Industries (-1.40pts).

In the broader market, the All-Share Index closed at 105,463.40, down 3,807.29 points or 3.48%.

Total market volume stood at 912.61 million shares, compared with 845.28m in the previous session, while traded value rose by Rs10.06bn to Rs45.61bn.

A total of 620,763 trades were reported across 498 companies, with 40 stocks closing higher, 439 lower, and 19 remaining unchanged.

To note, the KSE-100 has lost 6,783 points or 3.76% during the fiscal year, whereas it has decreased 536 points or 0.31% so far this calendar year.

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