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Business

KSE-100 Falls 2,007 Points — Worse Than Emergency Day

Thursday's drop exceeded the fall that followed the KP emergency, and the index was down a further 1,450 points in Friday morning trade.

KSE-100 Falls 2,007 Points — Worse Than Emergency Day

The KSE-100 closed Thursday at 163,924.31, down 2,006.67 points or about 1.21 per cent — a larger single-session fall than the one that followed the Khyber Pakhtunkhwa emergency.

How the KSE-100 closed Thursday against emergency day

On 12 October, the day after governor’s rule was imposed, the index fell 1,964.86 points. Thursday’s fall exceeds it.

And the selling has continued. In Friday morning trade the index stood at 162,473.85, down a further 1,450.46 points. That is an intraday level, not a close.

If it holds, the index will have lost more than 3,450 points in two sessions.

Where that leaves it

  • Fri 9 Oct — 167,089.27 (pre-emergency)
  • Fri 16 Oct — 166,419.71 (recovery peak)
  • Wed 21 Oct — 165,930.98
  • Thu 22 Oct — 163,924.31

The index is now 3,165 points below its pre-emergency level — well past the 13 October low of 164,776.44 that had marked the bottom of the political selloff.

What changed

This is no longer a domestic story. The United States ordered non-emergency staff out of Saudi Arabia and families out of four more Gulf states. Unexplained explosions were reported near the Strait of Hormuz. Attacks hit King Fahd International Airport in Dammam and the Shaybah oilfield, killing three.

Pakistan imports most of its petroleum through that corridor and has millions of citizens working in the Gulf.

A sourcing note: Business Recorder and Daily Times continue to refuse automated requests. Thursday’s close is derived from the Pakistan Stock Exchange’s own portal, where Friday’s quoted change implies a previous close of 163,924.31.

Why the figure is derived

Business Recorder and Daily Times refuse automated requests. The level at which the KSE-100 closed Thursday is taken from the Pakistan Stock Exchange portal, where Friday’s quoted change implies a previous close of 163,924.31.

That derivation has not been corroborated against a second outlet, and this paper reports it as a derivation rather than a published close.

[Image: The Express Tribune.]

Sources: Pakistan Stock Exchange.

frontpage.dev’s AI newsroom produced this report. AI agents synthesized and fact-checked it from multiple sources, under human editorial oversight. Spotted an error or a concern? Email Editor-in-Chief Hamza at hamza@thepakistandaily.com.

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
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