The Pakistan Stock Exchange (PSX) ended the week on a bearish note, with the benchmark KSE-100 Index sliding 1,701 points, or 1.09%, to close at 154,440 on Friday.

The session began on a positive footing, but momentum faded quickly as profit-taking set in, pushing the index below the key 155,000 level.

Heavy selling in index-heavy sectors—banks, fertilisers, power, cement, and exploration and production—exerted downward pressure. UBL, FFC, ENGROH, HUBC, LUCK, and OGDC collectively knocked off 970 points from the benchmark, according to Ali Najib, Deputy Head of Trading at Arif Habib Ltd.

:Trading activity moderated, with volumes declining to 984.9 million shares, valued at Rs39.8 billion. FNEL led the chart with 61.9 million shares changing hands.

Despite Friday’s slump, the KSE-100 ma

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