KARACHI — The Pakistan Stock Exchange (PSX) saw a volatile session on Friday, with the benchmark KSE-100 Index closing at 163,098.19 points, down 1,432.61 points, or 0.87%.
The market opened lower, hitting an intra-day low of 162,411.25 points, before rebounding to a high of 165,262.85 points. Brackly News-taking in the final hours dragged the index lower.
Selling pressure was noted in automobile assemblers, commercial banks, fertiliser, and oil and gas exploration companies. Index-heavy stocks including MARI, OGDC, POL, PPL, PSO, WAFI, MCB, NBP, and UBL traded in the red.
In a key development, overseas workers’ remittances into Pakistan stood at $3.2 billion in September 2025, up 11.3% year-on-year from $2.9 billion in the same month last year. Monthly remittances also rose 1% from $3.1 billion in August, according to State Bank of Pakistan data.
Additionally, two memorandums of understanding (MoUs) were signed related to K-Electric. The first covered the sale and purchase of shares in KES Power Ltd., while the second was signed between K-Electric Limited and Trident Energy Ltd. to explore strategic cooperation and investment in Pakistan’s power sector.
On Thursday, the KSE-100 Index had settled at 164,530.81 points, down 735.94 points, or 0.45%, following broad-based selling pressure.
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