Amid growing Geopolitical tensions between Iran and USA coupled with domestic situation, Pakistan Stock Exchange (PSX) remained volatile during the week ended on February 20, 2026, as per a note by AKD Securities.
The benchmark 100 index recorded a weekly decline of 6,434 points, or 3.6%, during the week as market closed at 173,170 points on last day of week. On economic side there was positive news as Pakistan’s current account posted a surplus of US$121 million in the month of January 26 as against deficit of US$393 million for the same period of last year. Higher worker remittances played a pivotal role while Large Scale Manufacturing posted a positive growth of 4.8% YoY in 1st Half of Year 26. Automobiles and Textile Sectors contributed positivity to the Surplus.
Foreign exchange reserves held by SBP increased by US$19 million WoW to stand at US$16.2 billion as of Feb 13, 2026.
Company-wise, top performers during the week were: i) INIL (up 9.0% WoW), ii) SSOM (up 8.2% WoW), iii) THALL (up 7.1% WoW), iv) BNWM (up 1.2% WoW), and v) MUREB (up 0.7% WoW). Top laggards were: i) PIOC (down 22.2% WoW), ii) TRG (down 16.1% WoW), iii) UNITY (down 13.9% WoW), iv) PSO (down 11.8% WoW), and v) MEHT (down 10.9% WoW).
AKD Research expect the market to reach 263,800 by Dec’26.
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