KSE-100 falls amid rollover week volatility, corporate earnings uncertainty

The Pakistan Stock Exchange began the week on a bearish note, with the benchmark KSE-100 index slipping 1,140 points to close at 162,163.81, marking a 0.70% decline from the previous session’s close of 163,304.13.

The market traded within a narrow range on Monday, touching an intra-day high of 163,570.83 and a low of 161,766.61. Investor sentiment remained fragile due to Monetary Policy Committee (MPC) meeting, leading to cautious trading and broad-based profit-taking, particularly in the energy and manufacturing sectors.

KTrade Securities, in its market wrap, noted that the PSX opened the rollover week under selling pressure due to the absence of positive triggers. “The benchmark KSE-100 index declined 1,140 points, or 0.70%, closing at 162,163, as investor sentiment weakened,” it said.