PSX falls below 164,000 on oil fears

The KSE-100 dropped 2,006.67 points, or 1.21%, to 163,924.32 on Thursday, slipping below 164,000 as geopolitical tensions and higher international oil prices unsettled investors. The Express Tribune reported that 89 shares declined and 11 advanced, while trading turnover reached 367.09 million shares worth Rs18 billion.

ENGROH, UBL, HUBC, HBL and PTC were among the biggest drags, together taking 752 points off the index, while Thatta Cement and Standard Chartered Bank were among the leading positive contributors. HBL, Meezan Bank and MCB also reported nine-month 2026 earnings per share of Rs36.84, Rs41.02 and Rs37.26, respectively, alongside dividends of Rs18, Rs23.5 and Rs27 per share. Pakistan Refinery led trading volumes, followed by Cnergyico and WorldCall Telecom, and foreign investors sold shares worth Rs376.5 million.