The KSE-100 Index dropped 1,896 points (-1.08%) to 173,484 as selling returned after recent buying momentum.

After days of buying momentum, profit-taking engulfed the Pakistan Stock Exchange, sending the benchmark KSE-100 down over 1,800 points as major index heavyweights experienced selling pressure.

Possible impact on PSX shares

• OGDC Oil & Gas Development Company Limited▼ Could be negative

  As a key KSE-100 heavyweight, OGDC shares faced profit-taking during the market-wide sell-off, falling 0.77% to Rs 313.8.

  Price when this was written: Rs 313.80 · Live price, chart and results

• PPL Pakistan Petroleum Limited▼ Could be negative

  PPL fell 1.13% to Rs 218.8 as selling pressure across energy heavyweights tracked the broader benchmark index decline.

  Price when this was written: Rs 218.80 · Live price, chart and results

• MCB MCB Bank Limited▼ Could be negative

  MCB shares dropped 1.08% to Rs 398.77 as investors took profits across banking sector heavyweights.

  Price when this was written: Rs 398.77 · Live price, chart and results

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Business Recorder: PSX: selling engulfs bourse, KSE-100 sheds over 2,200 points