KSE-100 Today 12 November 2026: Down 1,710.04 Points to 177,373.76 as Banks Fall at PSX

We read the PSX data portal at about 20:26 PKT on 12 November, after the market had closed. The portal stamps the figures "As of Nov 12, 2026 3:50 PM". We then went through the full list of 100 index shares and added up each share's points ourselves. The total matched the index fall to within one paisa of a point. Below is what moved the index, how far it travelled during the day, and what it means for a small investor.

The KSE-100 closed at 177,373.76 on 12 November 2026

The KSE-100 closed at 177,373.76 on 12 November 2026, down 1,710.04 points or 0.95% from 179,083.80 a day earlier. During the day it touched a high of 180,310.44 and a low of 177,271.60, so it closed near the bottom of its range.

The index started the day in the green and climbed above 180,000 at one point. By the close it had given back all of that and more. The gap between the day's high and the close was 2,936.68 points. The close was only 102.16 points above the day's low.

Two days earlier, on 10 November, the index had jumped 5,448.56 points after the Iqbal Day break. Our 10 November KSE-100 report has that session. On 11 November it slipped about 251 points, to 179,083.80. So the two days since that jump have taken back about 1,961 points.

Banks took about 689 points off the index

All 14 bank shares in the KSE-100 closed lower on 12 November, and together they removed about 689 points. That is about 40% of the whole fall. United Bank alone took off 141.83 points, the most of any share.

National Bank fell 2.93% and took off 97.27 points. Meezan Bank took off 93.45 points. Askari Bank fell the hardest of the banks in percentage terms, 3.82%, to Rs 118.92.

One detail on the portal matters here. Askari Bank, Bank Alfalah, Bank AL Habib, Faysal Bank and Allied Bank carried an "XD" mark next to their symbol. XD means ex-dividend: from that day the share trades without the dividend the company has declared. Part of the price drop on those shares is simply the dividend coming off the price, and the holder on the record date still gets that dividend. So the fall in those five is not all loss of value.

Lucky Cement, Hub Power and Systems also pulled the index down

Outside the banks, Lucky Cement took off 137.48 points, Hub Power 127.97 and Systems 114.04. Fauji Fertilizer, the biggest share in the index at a 9.17% weight, fell only 0.67% but still took off 109.81 points because of its size.

The five biggest losers together removed about 631 points. Systems fell the most of the five in percentage terms, 2.66%, to Rs 116.30. Pakistan Petroleum took off 85.43 points and Pakistan State Oil 54.39.

Mari Energies was the one big riser

Only 16 of the 100 index shares rose on 12 November, 83 fell and one did not change. Mari Energies was the clear exception: it rose 2.44% to Rs 680.06 and added 140.19 points, nearly as much as United Bank took away.

Millat Tractors added 29.25 points and Ghandhara Industries 19.15. After those, no share added more than about 12 points. That is why the index fell so steadily: a long tail of small losses with almost nothing on the other side.

The most traded index share by volume was K-Electric, with 35.38 million shares, followed by Pak Elektron with 21.42 million and the Bank of Punjab with 20.56 million. You can check the movers yourself on the portal, as our guide to the PSX data portal shows.

Other PSX indices also fell on 12 November

Every main PSX index fell on 12 November. The KSE-30 fell 0.95% to 51,735.02, the Islamic KMI-30 fell 0.86% to 253,872.99, and the all-share index fell 0.79% to 106,122.87. The bank index fell 1.14%.

The oil and gas index barely moved, at -0.04%, because Mari's rise cancelled most of the losses at PPL and OGDC. On the main board, 450,304 trades changed hands for 1.07 billion shares worth about Rs 31.64 billion.

What a 0.95% fall means for your money

A 0.95% fall means Rs 100,000 held in a fund that tracks the KSE-100 would be worth about Rs 99,050 at the close, a paper loss of about Rs 950. Nothing is lost until you sell, and the index is still 1.91% up since 1 January 2026.

A few points to keep in mind:

1. Check the XD mark before you read a fall as bad news. The dividend still comes to you if you held the share on the record date.
2. Look at the day range, not only the close. Today the index was above 180,000 before it fell.
3. Do not trade on one day's move. The index moved by more than 1,000 points on two of the three trading days this week.
4. Know the trading hours before placing an order. Our page on PSX timings lists them.

New to shares? Start with our step by step guide on how to start investing at PSX.

Frequently asked questions

Last checked: 12 November 2026, about 20:30 PKT, on the PSX data portal (dps.psx.com.pk). Points per share are our own sums from the portal's constituent list.