KSE-100 Falls Below 168,000 as PSX Drops 5,400 Points on Feb 23

Pakistan’s stock market faced a major drop on Monday, erasing last week’s gains and pushing the market further into negative territory.

The KSE-100 Index fell by 5,478 points (3.16%), closing at 167,691 points. During the session, it briefly hit a low of 166,886 points, down 6,283 points (3.63%).

Trading was active, with 204.7 million shares changing hands at a total value of Rs. 20.6 billion. Large companies like Fauji Fertilizer Company (FFC), Lucky Cement (LUCK), Engro Holdings (ENGROH), National Bank of Pakistan (NBP), and Habib Bank Limited (HBL) were major contributors to the fall, collectively removing 1,797 points from the KSE-100.

Out of 567 companies traded, 42 gained, 389 lost, and 136 stayed unchanged.

Most Traded Stocks by Volume

• K-Electric (KEL): 36.06 million shares, down Rs 0.37

• WorldCall Telecom (WTL): 33.67 million shares, down Rs 0.06

• Bank of Punjab (BOP): 26.67 million shares, down Rs 2.85

• Fauji Net Limited (FNEL): 24.64 million shares, up Rs 0.08

• Telenor Microfinance Bank (TSBLR1): 18.55 million shares, down Rs 0.09

• Pakistan Telecommunication Company (PTC): 17.07 million shares, down Rs 2.12

• Pakistan International Bulk Terminal (PIBTL): 13.31 million shares, down Rs 1.19

The sharp decline reflects growing market volatility and investor caution. Traders are closely watching both domestic and global economic indicators to gauge the next market direction.