Karachi — The KSE-100 index came under heavy selling pressure during the opening hours of trading on Thursday, January 29, 2026, sliding more than 1,500 points in a volatile start to the session. At 11:05 am, the benchmark was quoted at 186,658.35 points — a drop of 1,722.03 points or 0.91 percent from Wednesday’s close of 188,380.38. After touching an early high of 188,923.39 points, the index quickly reversed course and hit a session low matching the current level.
By 11:05 am, the index stood at 186,658.35 points, down 1,722.03 points or 0.91 percent from the previous close.
Key Highlights
- Total traded volume in the first half stood at 117.82 million shares, with a cumulative value of Rs11.61 billion — reflecting cautious investor sentiment.
- K-Electric led volumes with 41.52 million shares changing hands, though the stock eased 0.96 percent to Rs7.23.
- Waves Home Appliances Limited surged 6.65 percent to Rs11.06 on over 20.22 million shares, while Sui Southern Gas Company climbed 2.77 percent to Rs35.67.
- Among decliners, Nishat Chunian Power Limited fell 2.56 percent to Rs76.80, Bank of Punjab lost 1.14 percent to Rs40.82, and Hascol Petroleum shed 1.75 percent to Rs24.63.
- Signature Residency Reit topped the gainers with a 25 percent jump to Rs17.50, while heavy selling hit Kohinoor Power and Kohinoor Industries, both down 10 percent.
Market Sentiment Remains Cautious
Pakistan’s benchmark KSE-100 index fell sharply in early intraday trade on January 29, 2026, shedding more than 1,500 points amid subdued volumes.
Trading activity stayed subdued overall, with participation focused on a narrow band of stocks. Investors appeared to adopt a wait-and-see approach — perhaps weighing recent economic indicators, global cues, and ongoing domestic developments. The sharp intraday dip came despite pockets of strength in select scrips, highlighting the market’s choppy mood.
Market participants linked the downturn to external risks
Read: https://t.co/4Q2pJaPSZX pic.twitter.com/aP3XylD7IP— Profit (@Profitpk) January 29, 2026
What’s Next
The session continues through the afternoon, and analysts will watch closely for any recovery attempts or further selling pressure. With volumes still moderate, direction may hinge on fresh triggers from policy announcements, corporate results, or external factors. Market watchers remain hopeful that stability could return as the day progresses, reflecting Pakistan’s resilient bourse amid broader economic efforts.
The KSE-100’s performance today serves as a reminder of the market’s sensitivity to sentiment shifts — yet the underlying fundamentals continue to draw long-term interest from both local and foreign investors.
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