PSX Closing Analysis: KSE-100 Summary – April 13, 2026
Published: Monday, April 13, 2026 – 5:15 PM PKT
At a Glance – Today’s Closing Numbers
| Metric | Value |
|---|---|
| KSE-100 Close | ~160,381 – 161,638 |
| Points Lost | ▼ -5,553 to -6,810 points |
| Percentage Change | -3.32% to -4.07% |
| Intraday High | 163,429.78 |
| Intraday Low | 161,638.07 |
| Previous Close (Friday) | 167,191.37 |
| Trading Volume | ~920 million shares |
Sources: Geo News, Express Tribune, Mettis Global, Profit by Pakistan Today
What Actually Happened Today
Let me be honest with you. I was wrong in my morning post. The market didn’t just correct. It crashed.
The KSE-100 opened gap down and kept falling. Within minutes, the index had plunged over 5,500 points . By 10:19 AM, it was hovering at 161,665.86 — down 3.3% from Friday’s close .
The index touched an intraday low of 161,638.07, losing 5,553 points or 3.32% . It briefly recovered to an intraday high of 163,429.78 around 11 AM, but the selling pressure was too strong .
By the closing bell, the KSE-100 settled around 160,381, down approximately 6,810 points or -4.07% .
This was not a small dip. This was a bloodbath.
For a detailed look at how we got here, read our [morning market preview here] .
Why the Market Crashed – Three Reasons
1. US-Iran Talks Failed in Islamabad
The weekend talks between the United States and Iran ended without an agreement . JD Vance left Islamabad. Iran rejected what the US called a “final and best offer.”
According to KTrade Securities Equity Trader Ahmed Sheraz, the KSE-100 opened sharply lower as “investor sentiment turned cautious amid no deal reached in the Pakistan-brokered peace talks” .
2. Trump Announced Naval Blockade on Iranian Ports
This was the real hammer.
President Donald Trump announced that the US Navy would begin blockading all maritime traffic entering and exiting Iranian ports . The blockade started at 10 AM ET (7 PM Pakistan time) on Monday .
The US Central Command stated that the blockade would be “enforced impartially against vessels of all nations entering or departing Iranian ports and coastal areas, including all Iranian ports on the Arabian Gulf and Gulf of Oman” .
This move directly threatens the Strait of Hormuz — the most important oil route in the world. Iran has warned that any military movement near the area could be seen as a ceasefire violation
3. Oil Prices Surged Above $104
The blockade news sent oil prices skyrocketing.
| Oil Type | Price | Change |
|---|---|---|
| Brent Crude | $101.91 – $103/barrel | ▲ +7-8% |
| WTI Crude | $104.16/barrel | ▲ +7.86% |
Sources: Mettis Global, Pakistan Observer, Profit by Pakistan Today
For a net oil-importing country like Pakistan, this is disastrous. Higher oil prices mean higher inflation, pressure on the rupee, and squeezed corporate profits.
AAH Soomro, an independent investment and economic analyst, put it perfectly:
*”Investors are naturally disappointed by the talks’ inability to secure a long-term ceasefire. US statements on blocking the Strait of Hormuz have further increased upside risk in oil, with international prices rising by $6 to $7 a barrel back into the $100-plus range.”*
He added: “Volatility is expected to continue this week until further progress is seen.”
KSE-100 Summary – Today’s Key Levels
Let me give you the exact numbers from today’s session.
| Time | Level | Change |
|---|---|---|
| Previous Close (Friday) | 167,191.37 | — |
| Opening | ~161,600 | -5,591 (-3.34%) |
| Intraday Low (10:30 AM) | 161,638.07 | -5,553 (-3.32%) |
| Intraday High (11:00 AM) | 163,429.78 | -3,761 (-2.25%) |
| Midday | ~162,035 | -5,156 (-3.08%) |
| Closing (approx) | 160,381 | -6,810 (-4.07%) |
Sources: Mettis Global, Geo News, Express Tribune
The index traded in a narrow but negative range of about 926 points during early trading, indicating sustained downward pressure .
For real-time PSX data, visit the PSX official website .
Stocks That Crashed Today – Full List
Top Losers (By Percentage)
| Stock | Sector | Change |
|---|---|---|
| JDWS | Textile | ▼ -7.89% |
| PKGS | Packaging | ▼ -7.06% |
| AICL | Insurance | ▼ -6.84% |
| YOUW | Textile | ▼ -6.38% |
| KTML | Textile | ▼ -6.17% |
Source: Mettis Global
Index-Heavy Stocks That Dragged the Market Down
According to Mettis Global, these five stocks alone erased over 1,600 points from the KSE-100
| Stock | Sector | Points Lost |
|---|---|---|
| FFC (Fauji Fertilizer) | Fertilizer | -450.31 |
| UBL (United Bank) | Banking | -432.11 |
| ENGROH (Engro Holdings) | Fertilizer | -284.18 |
| LUCK (Lucky Cement) | Cement | -234.81 |
| HBL (Habib Bank) | Banking | -202.53 |
Other Major Losers (Traded Lower)
According to Profit by Pakistan Today, these index-heavy stocks also traded significantly lower :
ARL (Attock Refinery) – OMC sector
HUBCO (Hub Power) – Power generation
MARI (Mari Petroleum) – Oil & Gas
OGDC (Oil & Gas Development) – Oil & Gas
POL (Pakistan Oilfields) – Oil & Gas
PPL (Pakistan Petroleum) – Oil & Gas
PSO (Pakistan State Oil) – OMC sector
SSGC (Sui Southern Gas) – Gas utility
SNGPL (Sui Northern Gas) – Gas utility
WAFI (Wafi Energy) – OMC sector
Market Breadth
The selling was widespread. According to Mettis Global, out of 100 index companies :
| Status | Count |
|---|---|
| Trading Higher | Only 2 |
| Declining | 93 |
| Unchanged | 1 |
| Untraded | 4 |
That’s a 93% decline rate among KSE-100 companies. I’ve rarely seen such broad-based selling.
For a complete list of today’s gainers and losers, check the Mettis Global website.
Sector-Wise Performance – Which Sectors Got Hit Hardest
| Sector | Points Lost | Change |
|---|---|---|
| Commercial Banks | -1,491.60 | Heaviest hit |
| Fertilizer | -604.99 | FFC, ENGROH led losses |
| Cement | -528.71 | LUCK dragged down |
| Oil & Gas Exploration | -336.26 | OGDC, PPL, POL |
| Investment Banks/Securities | -312.45 | Broad-based selling |
The banking sector alone wiped out over 1,490 points from the index. Fertilizer and cement followed closely behind.
The KSE-100 is currently trading at a price-to-earnings ratio of 8.2x, offering a dividend yield of around 6.2% . While valuations remain attractive, no one was looking at valuations today. Everyone was panicking.
Global Markets Also Crashed
The PSX wasn’t alone. Global markets reacted negatively to the failed talks and the blockade announcement .
| Market | Change |
|---|---|
| S&P 500 Futures | ▼ -1.0% |
| Japan’s Nikkei | ▼ -0.3% to -0.4% |
| South Korea’s KOSPI | ▼ -1.4% to -2.0% |
| Australia’s ASX 200 | ▼ -0.6% |
| Euro (vs USD) | ▼ -0.5% to $1.1672 |
Sources: Profit by Pakistan Today, Geo News
The dollar strengthened as investors fled to safety. Asian markets remained cautious amid ongoing geopolitical uncertainty .
For real-time global market data, check Reuters .
What Analysts Are Saying About Today's Crash
Let me share what experts said about today’s market action.
Ahmed Sheraz, Equity Trader at KTrade Securities:
*”The KSE-100 Index opened sharply lower, falling 5,353 points (-3.2%), as investor sentiment turned cautious amid no deal reached in the Pakistan-brokered peace talks. The lack of immediate clarity and continuation of negotiations weighed on confidence. Meanwhile, escalating uncertainty lifted global oil prices to $104/bbl, adding further pressure on equities.”*
He also noted that market conditions are expected to remain volatile in the near term, but “both the US and Iran have indicated their intent to uphold the ceasefire” .
AAH Soomro, Independent Investment Analyst:
“Investors are naturally disappointed by the talks’ inability to secure a long-term ceasefire. US statements on blocking the Strait of Hormuz have further increased upside risk in oil.”
“Volatility is expected to continue this week until further progress is seen.”
KTrade Securities also observed that the next key catalyst will be the second phase of negotiations, with reports suggesting that Qatar and Switzerland have expressed willingness to host the talks .
For more expert analysis, visit Topline Securities and Business Recorder .
What to Watch This Week
Now that Monday’s disaster is behind us, let me tell you what I’m watching for the rest of the week.
1. The Strait of Hormuz Situation
This is the biggest factor. The US blockade officially started at 7 PM Pakistan time today . Iran’s response will determine the next move for oil prices and the PSX.
If Iran retaliates, oil could go to $110 or higher. If they agree to keep talking, markets might stabilize.
2. Oil Prices
Brent is at $102-103. WTI is at $104. If oil crosses $105, expect another round of selling. If it drops back below $100, the market might breathe a sigh of relief.
Track live oil prices on Reuters .
3. Next Round of Talks
According to reports, Qatar and Switzerland have offered to host the next round of US-Iran negotiations . If this happens quickly, it could calm the markets.
If there’s a long delay, uncertainty will continue.
4. US Economic Data
The US Producer Price Index (PPI) data is being released tomorrow, April 14 . If US inflation numbers come in hot, global markets could react negatively — and the PSX won’t be immune.
5. Institutional Buying Activity
Today, institutions were sellers, not buyers . If they step back in tomorrow, the market could recover. If they stay on the sidelines, expect more pain.
My Take – What I'm Doing After Today's Close
Let me be honest with you.
I was not prepared for this. My morning post predicted a correction, not a crash. I underestimated the impact of the naval blockade announcement.
Here’s what I’m thinking now.
The KSE-100 broke below the 161,500 support level I mentioned this morning. That’s bad. The next support is around 158,600 — last week’s low.
Oil is above $104. That’s very bad for Pakistan’s economy.
The blockade has started. That’s uncharted territory.
I’m not buying anything tomorrow. I’m also not selling at these levels. I’m waiting to see how the situation develops.
If oil drops back to $100 and the PSX holds above 158,600, I might consider adding to positions. If oil goes to $110 and the index breaks below 158,000, I’ll stay on the sidelines.
For specific portfolio questions, reach out on our contact page . I read every message.
The Bottom Line for Today
Today was brutal. There’s no other way to say it.
The KSE-100 lost over 5,500 points at its lowest. Oil surged past $104. The US announced a naval blockade. And the US-Iran talks failed completely.
Here’s what I want you to remember.
The KSE-100 closed around 160,381, down approximately -4.07%
93 out of 100 index companies declined
Oil is above $104/barrel for the first time in months
The Strait of Hormuz is now under US blockade
Volatility will continue this week
But here’s the thing. The market has survived worse. And it will survive this too.
The PSX bounced back from 144,000 to 167,000 in a single week just days ago. It can bounce back again.
Stay calm. Watch the levels I mentioned. Watch oil prices. And don’t make any emotional decisions.
The market will give you another opportunity. It always does.