Shariah PSXMember desk · PSX
Start trial
MarketsNegative · Do not buyThe Nation

KSE‑100 Index Extends Bearish Trend, Slides 993 Points

The benchmark KSE‑100 index fell 993 points on Tuesday, extending the market’s recent downtrend.

Full article on The Nation

Share

KSE‑100 Index Extends Bearish Trend, Slides 993 Points — Banks, Oil & Gas, Cement, Power, Fertilizer, Textile | Shariah PSX

Desk Analysis

How This Affects the Exchange

Sector Effect

Negative · Do not buy

Broad market decline across most sectors – Don't buy

Sectors & Direction

Desk read

Desk call: Do not buy · Negatively affected

  • BanksNegatively affected
  • Oil & GasNegatively affected
  • CementNegatively affected
  • PowerNegatively affected
  • FertilizerNegatively affected
  • TextileNegatively affected

Companies

ISL · Do not buy

Companies Mentioned

  • · Negatively affected · Do not buy

Mentions in This Briefing

Sectors: Banks, Oil & Gas, Cement, Power, Fertilizer, Textile — Negative · Do not buy. PSX tickers: ISL. Broad market decline across most sectors – Don't buy

Full Story

Open on The Nation

## Market Overview

The Pakistan Stock Exchange’s KSE‑100 index continued its bearish momentum on Tuesday, closing down 993 points. The decline deepened the index’s losses for the week and heightened investor caution across the board.

## Trading Activity

The session saw modest trading volumes, with investors largely staying on the sidelines amid concerns over global risk sentiment and domestic economic data. The sell‑off was broad‑based, affecting most sectors rather than being limited to a few.

## Key Drivers

Analysts pointed to a combination of factors influencing the market’s slide: - Geopolitical tension: Ongoing developments in the Middle East, particularly heightened Iran‑U.S. friction, kept oil prices volatile, pressuring energy‑related stocks. - Currency pressure: The Pakistani rupee continued to weaken against the US dollar, raising cost‑of‑capital concerns for import‑dependent companies. - Domestic macro data: Recent inflation figures and a slower-than‑expected GDP growth outlook added to the risk‑averse mood.

## Sector Impact

The drop was not confined to a single sector; banks, oil & gas, cement, power, and other listed industries all recorded losses. No clear sector outperformed the market, reinforcing a broadly negative outlook.

## Outlook

Market participants are expected to monitor upcoming monetary policy statements and any further geopolitical developments for clues on whether the bearish trend can be halted. Until clearer signals emerge, the sentiment remains cautious.

## Ticker Highlight

The ticker ISL (Islamic Bank Limited) reflected the overall market weakness, closing lower in line with the index’s movement.