Karachi, January 9, 2026 – The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off on Friday, extending its losing streak as the benchmark KSE-100 Index plunged by 1,133 points on the final trading day of the week.
The index closed at 184,410 points, down from the previous session’s close of 185,543 points, marking the second consecutive decline after hitting an all-time high of 186,519 points on January 7, 2026.
Market analysts attributed the downturn largely to profit-taking activity, as investors opted to lock in gains ahead of the weekend amid cautious sentiment. According to Topline Securities Limited, the KSE-100 index traded predominantly in the negative territory throughout the session and ultimately settled lower by 0.61 percent.
Heavyweight stocks exerted significant pressure on the index. Major negative contributions came from Hub Power Company (HUBC), Lucky Cement (LUCK), Engro Holdings (ENGROH), National Bank of Pakistan (NBP), Engro Fertilizers (EFERT), and Oil & Gas Development Company (OGDC), which collectively shaved 596 points off the benchmark.
In terms of value turnover, Fauji Fertilizer Company (FFC) led the chart with shares worth Rs2.14 billion, followed by Pakistan Petroleum Limited (PPL) at Rs1.88 billion, PAEL at Rs1.83 billion, FFL at Rs1.68 billion, NBP at Rs1.67 billion, and Systems Limited (SYS) at Rs1.64 billion.
Overall market activity remained robust despite the decline. Total traded volume stood at 1.02 billion shares, while the traded value reached Rs52.76 billion, reflecting continued investor participation amid heightened volatility.
Market participants will closely monitor upcoming economic indicators and corporate developments to gauge near-term direction at the PSX.