Karachi, March 16, 2026 – The Pakistan Stock Exchange (PSX) witnessed a severe market sell-off on Monday as the benchmark KSE-100 index plunged by nearly 4,700 points, reflecting growing investor concerns over volatile global oil prices amid ongoing Middle East tensions. The index closed the trading session at 149,178.66 points, down 3.05% from the previous close of 153,866.16 points.
Analysts at Topline Securities Limited highlighted that the market remained under persistent pressure throughout the day, with investors adopting a cautious stance in light of international uncertainties. The index consistently traded in the red, and market activity was subdued, indicating limited participation from retail and institutional investors alike.
The total traded volume for the session reached 153,180,436 shares, while the traded value was reported at PKR 17.12 billion, showing cautious market sentiment. Among the major index-heavyweight stocks, Fauji Fertilizer Company, United Bank Limited, Engro Holdings, Hub Power Company, and Habib Bank Limited were key laggards, collectively shaving off around 1,881 points from the benchmark index.
On the activity front, K-Electric Limited emerged as the most actively traded stock, with over 18 million shares changing hands during the session. Market watchers believe that ongoing geopolitical tensions and fluctuating oil prices are likely to continue influencing investor behavior in the short term.
KSE-100 Index Snapshot – March 16, 2026
| Market Status | Closed |
| Current Index | 149,178.66 |
| Change | -4,687.50 |
| Percent Change | -3.05% |
| High | 153,943.69 |
| Low | 148,747.72 |
| Volume | 153,180,436 |
| Previous Close | 153,866.16 |
| Value (PKR) | 17,120,216,964 |
Analysts suggest that investors remain cautious, watching international oil price trends and regional developments closely, as these factors are likely to dictate the near-term direction of the PSX. 📉💹