Pakistan’s benchmark KSE-100 Index fell more than 500 points by midday on Friday, extending a week of volatile trading as rising oil prices and Middle East tensions weighed on investor sentiment.
Pakistan’s KSE-100 index swung sharply on Thursday, falling 1,437.04 points after a volatile session marked by steep early losses, a brief recovery, and renewed pressure as oil prices surged above $100 a barrel and IMF talks remained unresolved.
Pakistan’s benchmark index staged a strong rebound on Tuesday, surging 9,696.98 points, or 6.62 per cent, a day after the market suffered its second-largest single-day decline in history, wiping out over Rs1.09 trillion in investor value.
Positive momentum, lower volatility compared to previous sessions this week, pushed Pakistan's benchmark index into the green with HUBC, OGDC, FFC, ENGROH, and MEB leading the charge.
Agritech Limited has suspended operations at its urea plant after Sui Northern halted RLNG supply, triggered by ongoing Middle East tensions that have disrupted markets.
Analysts say that given the evolving nature of the conflict and the involvement of multiple countries, market volatility is likely to persist until the situation shows signs of stabilising.
Analysts note the sharp sell-off was driven by escalating geopolitical tensions globally, triggering widespread risk-off sentiment and heavy selling pressure across the board.
EFERT saw earnings drop 19pc compared with last year, to Rs8.4bn in 4Q2025, mainly due to lower gross margins and adjustments for the super tax, according to Topline Securities.
Engro Holdings (ENGROH) released its results for the fourth quarter of 2025 on Friday. The results were better than expected due to lower than expected Effective Tax Rate (ETR), according to analysts.