The Pakistan Stock Exchange (PSX) on Monday ended up in red due to profit-taking which erased early morning gains with the benchmark KSE-100 Index falling over 1,100 points.
At close, the benchmark index settled at 178,414.79, a decline of 1,156.47 points or 0.64%.
Selling pressure dominated key sectors at the Pakistan Stock Exchange (PSX) on Monday, including automobile assemblers, cement, commercial banks, fertilizer, oil and gas exploration companies, oil marketing companies (OMCs), and power generation.
Heavyweight stocks such as NBP, OGDC, Mari Energies, PPL, and HUBCO closed in negative territory, weighing on the benchmark index.
Despite Monday’s decline, the PSX maintained its overall bullish trend during the outgoing shortened three-day trading week. Improved investor sentiment was driven by easing geopolitical tensions in the Middle East, investor-friendly amendments to the FY2026-27 Finance Bill, and lower domestic fuel prices.
According to the weekly market review, the benchmark KSE-100 Index gained 648.50 points, or 0.36%, to close the week at 179,571.27 points.
Meanwhile, international oil prices rose on Monday as renewed tit-for-tat strikes between the United States and Iran highlighted the fragile nature of their interim peace agreement and disrupted energy shipments through the Strait of Hormuz.
Brent crude climbed 0.8% to $72.57 per barrel, while U.S. West Texas Intermediate (WTI) crude gained 1.3% to $70.11 per barrel.
