Pakistan's KSE-100 Index Drops 1303 Points Amid Volatile Trading
February 17, 2026
Pakistan’s main stock index, KSE-100, ended Tuesday 1303.52 points lower at 173,150.41. The trading day was choppy, with the index hitting a high of 176,131.35 and a low of 171,693.39. Total shares traded were 424,959,530 worth Rs32.76 billion. Leading movers included K-Electric Limited, dropping 3.81% to Rs7.82 on 122.5 million shares; Bank of Punjab, rising 2.62% to Rs34.12 with 79.8 million shares; and Worldcall Telecom, falling 0.65% to Rs1.52 on 35.5 million shares. Top gainers were Itanz Technologies, up 11.78% to Rs9.49; Metropolitan Steel, rising 10.02% to Rs23.05; and 786 Investments, gaining 10.01% to Rs19.67. Biggest losers included LSE Capital, plunging 38.76% to Rs1.09; Mirpurkhas Sugar Mills, down 10.01% to Rs31.82; and Engro Powergen Qadirpur, also down 10.01% to Rs27.69. In company news, Millat Tractors announced a 2QFY26 profit of Rs2.4 billion, down 21% from last year but up 4.7 times from last quarter, beating expectations thanks to higher gross margins. Millat Tractors rose 3.32% to close at Rs548.91. Pakistan State Oil (PSO) posted a 2QFY26 profit of Rs2.7 billion, missing expectations due to unexpected inventory losses and a higher effective tax rate. PSO dropped 6.05% to Rs409.39. Monday’s trading was rough, with the index sliding over 5,000 points or 2.87%. Analysts at Topline Securities blamed foreign investor withdrawals and rising political tensions for shaking confidence and deepening the market downturn.
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