KSE-100 Index drops 293 points amid global oil price rebound

PSX KSE-100

Karachi, April 9, 2026 — The Pakistan Stock Exchange witnessed a decline on Thursday as the benchmark KSE-100 Index fell by 293 points, closing lower amid a rebound in global oil prices and renewed geopolitical tensions.

According to market data, the index closed at 165,517.51 points, down by 293.49 points or 0.18% from the previous close of 165,811.00. The trading session saw considerable volatility, with the index reaching a high of 166,962.16 and dipping to a low of 161,993.00. Total trading volume stood at 456.7 million shares, while the market value recorded was approximately Rs47.01 billion.

KSE-100 Index Snapshot (April 9, 2026)

IndicatorValue
Market StatusClosed
Current Index165,517.51
Change-293.49
Percentage Change-0.18%
High166,962.16
Low161,993.00
Volume456,727,475
Previous Close165,811.00
Value TradedRs47,015,135,774

Market analysts attributed the decline primarily to rising global oil prices following renewed tensions in the Middle East. Reports of ceasefire violations in the Iran-related conflict and subsequent geopolitical developments contributed to uncertainty in international markets.

The rebound in oil prices had a direct impact on energy-sensitive sectors, leading to cautious investor sentiment. Additionally, profit-taking after the previous session’s strong gains added further pressure on equities, causing the benchmark index to retreat.

Experts noted that the market is likely to remain sensitive to global developments, particularly fluctuations in oil prices and geopolitical tensions, both of which play a key role in shaping investor confidence in Pakistan’s equity market.

Despite the decline, analysts believe that overall market fundamentals remain stable, with investors closely watching economic indicators and international trends for future direction.