Pakistan’s benchmark stock index falls 1.21% to close at 163,924.31 as rising international oil prices and geopolitical tensions weigh on investor sentiment.

KARACHI, October 22, 2026: The KSE-100 Index extended its losses on Thursday, shedding 2,006.67 points, or 1.21%, to close at 163,924.31 amid geopolitical uncertainty and rising international oil prices.

According to market data, the benchmark index recorded an intraday high of 166,180.32 and a low of 163,782.41, reflecting heightened volatility and sustained selling pressure. The previous close stood at 165,930.98.

Investor sentiment remained subdued amid concerns that escalating geopolitical tensions and higher oil prices could put additional pressure on Pakistan’s economic outlook. The absence of positive market triggers further weakened confidence, with selling intensifying as the session progressed.

ENGROH, UBL, HUBC, HBL and PTC were among the major laggards, collectively dragging the benchmark down by approximately 752 points.

Market activity was mixed across the reported indicators. The KSE-100 Index recorded a volume of 118.89 million shares, while the traded value stood at approximately Rs9.89 billion, according to the supplied market highlights. PRL led the volume charts in the broader market, with 25.8 million shares traded.

The session ended on a bearish note, extending the market’s recent decline as external economic pressures continued to influence trading.

Going forward, investors are likely to monitor geopolitical developments, international oil prices and emerging economic indicators closely. Market direction may remain volatile until clearer positive triggers improve investor confidence.