KSE-100 Falls 2,288 Points to 165,867 as Banks Drag PSX Lower
The KSE-100 fell 2,288 points, or 1.36%, to 165,867 on 5 October 2026. See which banks and shares dragged PSX lower and what it means for small investors.
The KSE-100 index of the Pakistan Stock Exchange fell 2,288.18 points, or 1.36 per cent, on Monday 5 October 2026 and closed at 165,867.31. Of the 100 shares in the index, 91 went down, 8 went up and 1 did not move.
We read every number in this report on the PSX data portal (dps.psx.com.pk) on the morning of 6 October 2026. Banks did the most damage. Fourteen bank shares in the index took away about 635 points between them, close to 28 per cent of the whole fall.
If you hold shares or a stock fund, a 1.36 per cent day is uncomfortable but not unusual.
The KSE-100 closed 2,288 points lower on 5 October
The index opened the week at 168,155.49, Friday's close. It touched a high of 167,918.36 early on Monday, slid for most of the session, hit a low of 165,764.20 and closed at 165,867.31 at 3:50 pm PKT. That is a loss of 2,288.18 points in one day.
| Measure, 5 October 2026 | Figure |
|---|---|
| Previous close (2 October) | 168,155.49 |
| Day high | 167,918.36 |
| Day low | 165,764.20 |
| Close | 165,867.31 |
| Change | Down 2,288.18 points (1.36 per cent) |
| Shares traded in KSE-100 stocks | 169.46 million |
| Change since 1 January 2026 | Down 4.70 per cent |
| 52-week range | 144,119.44 to 191,032.73 |
The fall was broad. The All Share index, which covers every listed company, fell 1.38 per cent. The KSE-30 index of the 30 biggest traded shares fell 1.26 per cent, and the KMI-30 Shariah index fell 1.32 per cent. The selling was spread across the market, not stuck in one stock.
Banks pulled the index down more than any other group
Bank shares took away about 635 of the 2,288 points lost. United Bank (UBL) alone cost the index 205.65 points, the largest single drag of the day. PSX's own banks index, BKTI, fell 1.31 per cent.
Points lost depend on two things: how far a share fell, and how big its weight is in the index. UBL is about 7.75 per cent of the KSE-100, so a 1.57 per cent fall in its price cost a lot of points. National Bank (NBP) fell harder, 3.18 per cent, but its smaller weight meant it cost 93 points.
| Share | Price change | Index points lost |
|---|---|---|
| United Bank (UBL) | Down 1.57% | 205.65 |
| Engro Holdings (ENGROH) | Down 1.77% | 148.30 |
| Habib Bank (HBL) | Down 2.34% | 147.01 |
| Hub Power (HUBC) | Down 1.55% | 105.70 |
| Pakistan Petroleum (PPL) | Down 1.89% | 99.04 |
| OGDC | Down 1.36% | 97.72 |
| Fauji Fertilizer (FFC) | Down 0.64% | 96.35 |
| National Bank (NBP) | Down 3.18% | 93.15 |
Other groups added to the fall. We added up the index points by company, using the constituent list on the PSX portal:
- Cement: 10 shares cost about 210 points. Thatta Cement fell 3.75 per cent, and Fauji Cement, DG Khan Cement, Maple Leaf and Kohat Cement each fell more than 2 per cent.
- Oil and gas explorers: PPL, OGDC and Mari cost about 224 points together. Pakistan Oilfields (POL) went the other way, up 1.16 per cent, and added 40 points, the biggest gain of the day.
- Fertiliser: FFC, Engro Fertilizers and Fatima cost about 153 points.
One share needs a note. Pakistan Stock Exchange Limited's own stock fell 9.07 per cent, but the portal marked it XD, meaning ex-dividend. On that day a new buyer no longer gets the declared dividend, so the price normally drops by around the dividend amount. Part of that 9 per cent fall is the dividend leaving the price, not only selling.
No official reason has been given for the fall
PSX's data portal records prices, not reasons. We found no statement from PSX, the Securities and Exchange Commission of Pakistan or the State Bank of Pakistan that explains Monday's selling. Brokers and market commentators always offer reasons on a day like this. Those are opinions, and we are not repeating them as fact.
What we can say is what did not happen. The KSE-30 fell 1.26 per cent, far from the roughly 5 per cent move that is reported to trigger a market-wide pause. That is how a PSX trading halt or circuit breaker works, and Monday came nowhere near it. Trading ran normally all day.
The next scheduled event that often moves Pakistani shares is the State Bank's rate decision. Its Monetary Policy Committee meets on 26 October 2026, and what a hold or a cut at that meeting means for loans and savings is worth knowing before then.
The index is 13 per cent below its 52-week high
On PSX's figures, the KSE-100's highest point in the past 52 weeks was 191,032.73. Monday's close of 165,867.31 is 25,165 points, or about 13.2 per cent, below that peak. It is still about 15.1 per cent above the 52-week low of 144,119.44.
Since 1 January 2026, the index is down 4.70 per cent. Over a full year, it is down 1.85 per cent. So Monday's fall is one bad day inside a market that has been drifting lower for most of 2026, not a sudden crash from a peak.
What a 1.36 per cent fall means if you invest for years
For a long-term investor, one day's fall changes the value on the screen, not the number of shares you own. A loss becomes real only if you sell at the lower price.
A simple example. If you had Rs 100,000 in a fund that tracks the KSE-100 exactly, a 1.36 per cent fall would show it as about Rs 98,640 on Monday evening. You still own the same units. Real funds do not track the index perfectly, and fees reduce returns, so treat this as arithmetic, not a forecast.
We are not giving investment advice, and nobody can tell you where the index goes next. These are the checks small investors usually find useful after a falling day:
- Check your own holdings, not just the index. Your shares or fund may have fallen more or less than 1.36 per cent.
- Ask whether you need this money within a year or two. Money for school fees or rent is better kept out of shares.
- Look at what you hold as a share of your total savings. One sector, such as banks, can move the whole portfolio.
- Do not borrow to buy after a fall. Margin trading can force a sale at the worst moment.
- Keep records of every buy and sell for tax and for any dispute with your broker.
If you are new and wondering how people buy shares at all, the steps to start investing on PSX in Pakistan cover the account, the broker and the CDC sub-account. Buying units in one of the mutual funds in Pakistan is the other route, where a fund manager picks the shares for you.
Common questions
How much did the KSE-100 fall on 5 October 2026?
It fell 2,288.18 points, or 1.36 per cent, and closed at 165,867.31, according to the PSX data portal.
Which shares pulled the KSE-100 down the most?
United Bank (UBL) cost the most, 205.65 points. Engro Holdings, Habib Bank, Hub Power and Pakistan Petroleum followed. Banks as a group cost about 635 points.
Did trading stop at PSX on 5 October?
No. The KSE-30 fell 1.26 per cent, well short of the roughly 5 per cent move reported to trigger a market-wide halt. Trading ran normally all day.
Why did the market fall on 5 October?
No official reason has been published. PSX, the SECP and the State Bank have not issued a statement explaining it, and broker commentary is opinion, not confirmed fact.
How far is the KSE-100 from its record?
It closed about 13.2 per cent below its 52-week high of 191,032.73. It is down 4.70 per cent since 1 January 2026.
Should I sell my shares after a fall like this?
We cannot advise you on that. It depends on when you need the money and what you hold. A licensed adviser or your fund's own investor service can help with your situation.
How we verified this
What we checked, where we read it, and what we could not confirm.
Last checked 6 October 2026 at about 4:15 am PKT, for the trading session of Monday 5 October 2026.
- Pakistan Stock Exchange data portal, market summary and index values: dps.psx.com.pk
- Pakistan Stock Exchange data portal, KSE-100 constituents with index points: dps.psx.com.pk/indices/KSE100
About the author
Tax, Bills and Technology Writer
Ali Akhtar is a young and curious voice here at Pakistan Era. He is currently pursuing his A-Levels and has a growing interest in Pakistan’s changing industrial landscape and educational trends. Ali likes to write in a way that helps him explain and explore the world around him. His writing reflects the perspective of the new generation navigating the evolving trends of Pakistan where technology, youth innovation, and shifting opportunities are reshaping the country’s future.
