PSX Closing Bell: Red Closes the Curtain

July 09, 2026 (MLN): The Pakistan Stock Exchange (PSX) ended Thursday's session slightly lower as investors remained cautious amid persistent geopolitical tensions in the Middle East, while Wednesday's sharp selloff continued to weigh on market sentiment despite a partial intraday recovery.

Investor confidence remained fragile after the benchmark index's steep decline in the previous session, with concerns over an escalation in the U.S.-Iran conflict prompting participants to stay defensive.

Adding to the cautious mood, oil prices climbed after renewed U.S. military action against Iran intensified fears of potential disruptions to global energy supplies.

The latest escalation followed confirmation from the U.S. Central Command that it had carried out fresh strikes on Iranian targets in response to attacks by Tehran on commercial vessels operating in and around the Strait of Hormuz, raising concerns over prolonged regional instability and its impact on global markets.

The benchmark KSE-100 Index concluded Thursday's trading session at 181,259.67, down 369.69 points or 0.20%.

The index traded in a range of 2,865.46 points, touching an intraday high of 182,276.81 (+647.45 points) and a low of 179,411.35 (-2,218.01 points).

The total volume traded in the KSE-100 Index stood at 470.84 million shares.

Of the 100 index companies, 50 closed higher, 50 closed lower, while none remained unchanged.

Top losers during the day were AKBL (-3.43%), MEBL (-2.24%), MCB (-2.11%), THALL (-1.92%), and NPL (-1.63%).

On the gaining side, GHNI (+10.00%), MEHT (+9.59%), CNERGY (+7.80%), GAL (+5.99%), and HCAR (+3.88%) led the advances.

In terms of index-point contributions, MEBL (-196.28pts), MCB (-128.94pts), PPL (-73.98pts), ENGROH (-64.01pts), and AKBL (-58.53pts) weighed the most on the benchmark.

Meanwhile, GHNI (+52.05pts), FATIMA (+51.33pts), UBL (+43.21pts), CNERGY (+32.66pts), and GAL (+26.84pts) provided support to the index.

Sector-wise, the index was dragged lower by Commercial Banks (-397.54pts), Oil & Gas Exploration Companies (-121.51pts), Investment Banks / Investment Companies / Securities Companies (-49.38pts), Automobile Parts & Accessories (-13.25pts), and Insurance (-11.55pts).

On the positive side, Automobile Assembler (+92.77pts), Refinery (+54.51pts), Fertilizer (+47.06pts), Textile Composite (+16.59pts), and Oil & Gas Marketing Companies (+13.03pts) lent support.

In the broader market, the All-Share Index settled at 109,929.76, down 12.56 points or 0.01%.

Total market volume stood at 982.12 million shares, compared with 1,551.04m in the previous session, while traded value decreased by Rs20.58bn to Rs41.86bn.

A total of 505,881 trades were reported across 497 companies, with 263 stocks closing higher, 203 lower, and 31 remaining unchanged.

To note, the KSE-100 has gained 958 points or 0.53% during the fiscal year, whereas it has increased 7,205 points or 4.14% so far this calendar year.

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