PSX Closing Bell: Sinks Deeper into the Red

June 29, 2026 (MLN): The Pakistan Stock Exchange (PSX) remained under pressure on Monday, with the benchmark KSE-100 Index closing lower by more than 1,150 points as renewed geopolitical tensions in the Middle East, rising international oil prices and profit-taking in heavyweight sectors weighed on investor sentiment.

The benchmark KSE-100 Index settled at 178,414.79, down 1,156.47 points or 0.64% from the previous close.

The market witnessed volatile trading throughout the session, moving within a range of 1,941.01 points.

The index touched an intraday high of 180,272.01, up 700.75 points, before slipping to a low of 178,331.00, down 1,240.26 points.

Investor sentiment remained cautious after oil prices edged higher on Monday following fresh military exchanges between the United States and Iran over the weekend, reviving concerns over potential disruptions to crude supplies from the Middle East.

The rise in global energy prices, coupled with renewed geopolitical uncertainty, prompted investors to trim positions in key index-heavy sectors, while many participants also opted for profit-taking following recent market gains.

The KSE-100 Index traded a total of 330.97 million shares during the session.

Market breadth remained weak as 72 of the index companies closed in negative territory, 28 advanced, while none remained unchanged.

Among the top laggards, HGFA fell 3.97%, followed by SSGC (-3.78%), FCCL (-3.72%), SNGP (-3.71%) and PABC (-3.60%).

On the gaining side, ILP surged 8.83%, ISL gained 4.72%, DCR advanced 3.78%, KOHC rose 3.75%, while GHGL added 2.32%.

In terms of index-point contribution, the biggest drag on the benchmark came from FFC (-170.19 points), HUBC (-134.70 points), OGDC (-107.37 points), BAFL (-93.80 points) and LUCK (-90.82 points).

Meanwhile, stocks that provided support to the index included ILP (+86.16 points), ENGROH (+75.79 points), KOHC (+31.98 points), DCR (+27.41 points) and ISL (+22.20 points).

Sector-wise, the decline was led by Commercial Banks (-303.46 points), Oil & Gas Exploration Companies (-213.25 points), Fertilizer (-203.60 points), Power Generation & Distribution (-165.75 points) and Cement (-151.17 points).

On the other hand, gains in Textile Composite (+92.90 points), Investment Banks/Investment Companies/Securities Companies (+61.16 points), Real Estate Investment Trusts (+23.66 points), Engineering (+22.18 points) and Glass & Ceramics (+17.85 points) helped limit the overall decline.

In the broader market, the All-Share Index closed at 107,979.81, down 621.12 points or 0.57%.

Overall market activity remained robust, with total traded volume rising to 869.38 million shares from 851.30 million in the previous session, while traded value increased by Rs3.57 billion to Rs43.95 billion.

A total of 462,196 trades were recorded across 493 companies, of which 150 advanced, 320 declined and 23 closed unchanged.

To note, the KSE-100 has gained 52,787 points or 42.02% during the fiscal year, whereas it has increased 4,360 points or 2.51% so far this calendar year.

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