The KSE-100 Index closed Friday’s trading session on a softer note, reflecting cautious investor sentiment amid sector-wide selling pressure at the Pakistan Stock Exchange (PSX). On January 09, 2026, the benchmark index settled at 184,409.67 points, down 1,133.34 points or 0.61%, after witnessing volatile intraday activity.
Despite the decline, market participation remained relatively healthy, underscoring continued investor interest amid profit-taking at elevated levels.
KSE-100 Index Trading Overview
During the session, the KSE-100 Index fluctuated within a wide range of 2,479 points, highlighting heightened volatility. The index touched an intraday high of 186,180.32 points, gaining over 637 points at one stage, before sliding to an intraday low of 183,700.83 points, down more than 1,840 points from the previous close.
Total trading volume in the benchmark index stood at 393.48 million shares, reflecting active participation despite the negative close. Out of the 100 constituent companies, 30 stocks closed higher, 69 ended lower, and one remained unchanged, indicating broad-based selling pressure.
Top Gainers and Losers on the KSE-100 Index
KSE-100 Index Top Losers
The index faced notable pressure from heavyweight stocks. Pakistan Telecommunication Company Limited (PTC) led the decliners, followed by AGP, SSOM, NATF, and GHGL, as investors booked profits in select blue-chip names.
KSE-100 Index Top Gainers
On the upside, AICL and FFL outperformed the broader market, supported by strong buying interest. Other gainers included KTML, IBFL, and NML, providing partial support to the index.
Index Point Contribution: Major Drags and Supporters
Stocks Dragging the KSE-100 Index
The decline in the KSE-100 Index was primarily driven by selling in HUBC, LUCK, ENGROH, NBP, and EFERT, which collectively erased significant points from the benchmark.
Stocks Supporting the KSE-100 Index
Conversely, FFC, AICL, MCB, NML, and KTML added points to the index, helping limit the overall downside.
Sector-Wise Performance of the KSE-100 Index
Negative Sector Contribution
Sector-wise analysis shows that the KSE-100 Index was weighed down mainly by:
• Commercial Banks, which contributed the largest negative impact
• Cement
• Power Generation and Distribution
• Oil & Gas Exploration Companies
• Investment Banks and Securities Companies
Positive Sector Contribution
Meanwhile, select sectors provided support, including:
• Textile Composite
• Insurance
• Food and Personal Care Products
• Property
• Leather and Tanneries
Broader Market Performance at PSX
Beyond the benchmark, the All-Share Index closed at 110,382.58 points, down 501.36 points or 0.45%. Market activity moderated, with total traded volume declining to 1.03 billion shares compared to over 1.43 billion shares in the previous session.
The total traded value fell sharply to Rs52.92 billion, reflecting a decline of over Rs38 billion, signaling cautious investor positioning.
Across the broader market, trading activity was recorded in 483 companies, with 162 advancing, 271 declining, and 50 closing unchanged.
Most Active Stocks by Volume
Investor interest remained concentrated in select stocks, with FFL leading volumes, followed by HASCOLNC, MDTL, BML, and BOP. Other actively traded names included TOMCL, PAEL, AGHA, PTC, and PIBTL, reflecting speculative and retail participation.
KSE-100 Index Performance: Year-to-Date Snapshot
Despite the day’s decline, the KSE-100 Index continues to post strong longer-term gains. During the ongoing fiscal year, the index has surged by 58,782 points, representing a robust 46.79% increase. On a calendar-year basis, it has advanced 10,355 points or 5.95%, underscoring sustained bullish momentum despite short-term corrections.
Market Outlook
The latest performance of the KSE-100 Index suggests a healthy consolidation phase following strong gains. Analysts believe near-term direction will depend on earnings updates, macroeconomic indicators, interest rate expectations, and global market cues. Selective buying in fundamentally strong sectors may continue, even as volatility persists.