Pakistan Stock Exchange KSE-100 Index Drops 1703 Points
3 days ago
At a glance
- The KSE-100 index dropped by 1703 points on July 22, 2026.
- The PSX has seen fluctuating investor sentiment recently.
- Pakistan has requested a $10 billion exchange stabilization facility from the United States.
Story so far
The Pakistan Stock Exchange (PSX) has experienced fluctuating investor sentiment. After a marginal gain on Monday and a significant intraday surge on Tuesday, the KSE-100 index closed marginally higher. However, Wednesday saw selling pressure, with the index initially shedding over 400 points. The latest reports confirm a substantial drop of 1703 points for the KSE-100 index on July 22, 2026. Separately, Pakistan has requested a $10 billion exchange stabilization facility from the United States.
Latest development
The Pakistan Stock Exchange's benchmark KSE-100 index dropped significantly by 1703 points on July 22, 2026.
Latest updates
The Pakistan Stock Exchange (PSX) experienced a negative trading day, with the benchmark KSE-100 index dropping by 1703 points.
Selling was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index shedding over 400 points during the opening minutes of trading on Wednesday. At 10:28am, the benchmark index was hovering at 175,713.69, down by 419.87 points or 0.24%. Selling interest was seen in key sectors, including automobile assemblers, cement, fertiliser, OMCs and power generation. Index-heavy stocks, including HUBCO, POL, PPL, HBL, NBP and ENGRO, traded in the red.
In a key development, Pakistan has asked the United States for a $10 billion exchange stabilisation facility, which, if approved, could provide a lifeline for the cash-strapped South Asian economy. The request follows Pakistan’s role in brokering talks over the Iran war, which raised its diplomatic profile and stirred hopes that it could seek economic gains from Washington and other partners.
Internationally, stocks jumped at the start of trading in Asia on Wednesday as investors took cues from a rebound in US markets. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 1.2% as South Korea’s Kospi jumped more than 6%. Japan’s Nikkei 225 gained 1.9%. Brent crude nudged 0.6% higher to $91.55 a barrel after two oil tankers carrying Saudi crude to Asia reversed course in the Red Sea on Tuesday after threats of attack from Yemen’s Iran-aligned Houthis. Overnight, the S&P 500 was up 0.9%, snapping a three-day losing streak.
The Pakistan Stock Exchange (PSX) closed marginally higher on Tuesday, with the benchmark KSE-100 Index gaining 205.83 points, or 0.12 percent, to settle at 176,133.57 points. This comes after an intraday high of 178,370.46 points. The market's performance was influenced by optimism over a possible easing of geopolitical tensions in the Middle East, which encouraged selective buying. However, investors remained cautious amid uncertainty surrounding US-Iran relations.
Market activity saw the ready market volume surge to 1.003 billion shares from 675.92 million shares in the previous session, while traded value increased to Rs35.70 billion from Rs30.27 billion. Ready market capitalization also improved to Rs19.790 trillion. Market breadth remained positive, with 268 out of 494 companies advancing, 191 declining, and 35 remaining unchanged. Among the most actively traded stocks were Cnergyico PK, Trust Brokerage, and TPL Properties.
The Pakistan Stock Market's index recovered to the 178,000 points level due to a positive trend at the start of trading.
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