KSE 100 Index Plummets
The KSE 100 index plummeted 11,015.96 points on March 9, 2026, closing at 146,480.14 points. The market experienced a temporary halt in trading around 9:20 AM after the index dropped 9,780.15 points, reflecting a severe downturn in investor confidence.
After trading resumed, the index fell further, recording a decline of 13,157.62 points before making a brief recovery. By 10:55 AM, the KSE-100 index had declined to 144,386.71, down by 13,109.39 points or 8.32% from the previous week’s close of 157,496 points.
The market’s heaviest movers included K-Electric Limited, which tumbled 7.81% to Rs7.20, and First National Equities Limited, which saw a drop of 12.21% to Rs1.15. Additionally, The Bank of Punjab slumped 10.01% to Rs25.45.
Trading volume stood at 378,012,095 shares, with a total value of Rs33,004,278,586. This significant activity underscores the volatility currently affecting the market.
The sell-off seen on March 9, 2026, comes amid escalating geopolitical tensions and a surge in global oil prices, which increased around 25% to their highest since mid-2022. This rise in oil prices has added pressure to an already strained economic environment.
Details remain unconfirmed regarding the long-term implications of this market downturn, but observers are closely monitoring the situation as it develops. The KSE-100 index was halted at 147,715.95 points, slightly above its intraday low of 147,710.26 points, indicating the market’s extreme volatility.
As the situation evolves, investors are advised to remain cautious, considering the ongoing geopolitical factors and their potential impact on market stability.
