PSX plunges over 5,100 points amid heavy selling pressure

Karachi: The Pakistan Stock Exchange (PSX) witnessed a sharp sell-off on February 16, 2026, as the benchmark KSE-100 Index dropped 5,149 points (-2.87%) to close at 174,453. During intraday trading, the index briefly fell by 6,049 points to 173,574, reflecting strong selling pressure. A total of 773.29 million shares were traded, with 565 companies participating; 378 recorded losses, 65 posted gains, and 122 remained unchanged. Heavily traded stocks included KEL, WTL, BOP, HUMNL, and TSBL. Market analysts attributed the downturn to investor uncertainty and heightened volatility, raising concerns over short-term economic stability and investor confidence in Pakistan’s equity market.