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Home Business & Stock

PSX drops nearly 200 points in range-bound session

MM News Staff by MM News Staff
February 10, 2026
PSX

(File Photo)

The Pakistan Stock Exchange (PSX) experienced a range-bound trading session on Tuesday, with the benchmark KSE-100 Index losing nearly 200 points.

At the close of trading, the index settled at 182,153.55 points, registering a marginal decline of 186.83 points, or 0.1%.

Trading activity remained mixed across key sectors, including automobile assemblers, cement, fertilizer, oil and gas exploration companies, oil marketing companies (OMCs), power generation, and refineries, reflecting cautious investor sentiment.

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In contrast, the market had ended sharply lower in the previous session. On Monday, the PSX remained under pressure amid sustained institutional selling, weakness in index-heavy stocks, and technical adjustments, which dragged the benchmark index down by 1,789.20 points, or 0.97%, to close at 182,340.38 points.

Meanwhile, Pakistan has received $3.46 billion in remittances from overseas workers in the month of January 2026, according to data released by the State Bank of Pakistan (SBP) on Tuesday.

The SBP said that remittance inflows rose by nearly 15.4% year-on-year, compared to $3.0 billion received in the same month last year, though they declined 4% month-on-month from $3.59 billion in December.

During the first seven months of FY26 (7MFY26), total remittances reached $23.2 billion, up from $20.9 billion in the corresponding period of FY25, reflecting an 11.3% increase.

 

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