Karachi: The KSE-100 Index experienced a significant decline of 1,109 points, closing at 176,846, with a trading volume of 785 million shares. The trading session saw notable price changes in stocks such as ISL, BNWM, and PTC, while CNERGY, ATRL, and AICL emerged as the top decliners. The day's trading activity was predominantly concentrated in the Refinery, Oil Marketing Companies (OMCs), and Technology sectors.

According to Taurus Securities Limited, these movements occurred against a backdrop of broader economic developments. In other news, former U.S. President Donald Trump announced a new economic strategy against Iran, while global oil prices reached a near four-week high. Meanwhile, Pakistan, seeking economic support, has requested a USD 10 billion aid package from the United States, confirmed by Aurangzeb. Additionally, the State Bank of Pakistan (SBP) received a $3 billion deposit from Saudi Arabia in April, which Aurangzeb communicated to the National Assembly. The country’s total debt, excluding the IMF loan, has reached Rs81.9 trillion by the 11th month of fiscal year 2026.