PSX slips 200 points in volatile session

Monday's session at the Pakistan Stock Exchange left the benchmark KSE-100 about 200 points weaker, settling at 176,967. Trading was choppy, with the index moving within a 1,387-point band between an intraday low of 176,736 and a high of 178,123. The benchmark ended the day down 0.11 per cent.

According to The Express Tribune, Moody's raised Pakistan's credit rating to B3 from Caa1 and kept its outlook at Stable. Separately, headline inflation for August 2026 is expected to climb to 11.1 per cent year on year, up from 3.0 per cent in August 2025.

Five index stocks, OGDC, PPL, MLCF, DGKC and FCCL, together added 392 points, while ENGROH, MEBL, SRVI, SYS and MCB erased 453 points amid selective profit-taking. CNERGY led trading volume with 266mn shares, as 930mn shares changed hands for a total turnover of Rs44 billion.