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Home Business & Stock

PSX plunges nearly 7,000 points amid selling pressure

MM News Staff by MM News Staff
February 19, 2026
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The Pakistan Stock Exchange (PSX) on Thursday faced massive selling pressure as the benchmark KSE-100 Index dropped nearly 7,000 points.

At close, the benchmark index settled at 172,170.29, down 6,682.80 points or 3.74%.

Selling pressure was evident across major sectors, including cement, commercial banks, fertilizer, oil and gas exploration, OMCs, power generation, and refineries. Heavyweight stocks such as ARL, HUBCO, MARI, OGDC, PPL, POL, PSO, SNGPL, MCB, MEBL, and NBP all closed in negative territory.

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On Wednesday, however, the PSX staged a strong comeback, with aggressive buying driving benchmark indices sharply higher and recovering part of the steep losses recorded in recent sessions.

The rebound was fueled by robust participation from both institutional and retail investors, as bargain-hunting activity picked up following the recent correction.

The benchmark KSE-100 Index settled at 178,853.10 points.

Meanwhile, Foreign Direct Investment (FDI) into Pakistan declined substantially, falling 51 percent during the first seven months of FY26. Data released by the State Bank of Pakistan (SBP) showed that net FDI amounted to $694 million during July–January FY26, compared with $1.429 billion in the corresponding period of FY25, a decrease of $735 million.

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