PSX Wraps Up Lower Amid Mixed Sectoral Trends and Investor Caution

The Pakistan Stock Exchange (PSX) ended Tuesday’s trading session with a slight downward movement, reflecting a mixed tone across major sectors. The benchmark KSE-100 Index closed at 121,971.04 points, registering a decline of 254.31 points, or 0.21%, by the end of the session.

Throughout the day, the index exhibited a broad trading range of 1,076.23 points. It touched an intraday high of 122,891.61 points, gaining as much as 666.26 points at one stage, before retreating to a low of 121,815.38 points, a drop of 409.97 points. This fluctuation highlights the volatility that persisted during the session, underpinned by investor caution and shifting market sentiment.

Total volume traded on the KSE-100 Index stood at 203.25 million shares, reflecting active participation from traders and investors. Out of the 100 companies listed in the index, 37 closed in the green, 62 finished in the red, and 1 remained unchanged.

Among the top losers of the day were PKGP, declining 10.00%, YOUW down by 5.42%, NPL slipping 2.41%, KEL losing 2.23%, and KTML dropping 2.09%. These stocks saw significant selling pressure, contributing to the downward movement of the broader index.

Conversely, notable gainers included BNWM which surged 10.01%, followed by POML with an increase of 6.67%, FHAM gaining 3.55%, NML rising 3.39%, and PSEL up by 2.94%. These stocks provided some relief and limited the extent of the overall market decline.

When analyzed in terms of index-point contribution, PKGP led the list of major draggers, shaving off 131.29 points from the index. Other significant negative contributors were LUCK (-82.60pts), ENGROH (-40.59pts), HUBC (-36.11pts), and FFC (-29.12pts). On the upside, UBL added 68.44 points, HBL followed with 65.73 points, SYS chipped in with 58.69 points, OGDC contributed 26.10 points, and PSEL brought in 23.28 points.

Sector-wise, the index was predominantly dragged by Power Generation & Distribution, which accounted for a negative impact of 182.75 points. The Cement sector followed with a reduction of 154.85 points, while Investment Banks, Pharmaceuticals, and Fertilizers also posted collective declines of 46.54, 32.26, and 25.25 points respectively.

However, there were bright spots in sectors such as Commercial Banks, which added 103.88 points. Technology & Communication also performed well, contributing 62.82 points to the index, alongside Textile Composite, Miscellaneous, and Insurance sectors.

Broad market indicators also reflected a soft close. The broader All-Share Index settled at 76,217.23, marking a net loss of 117.46 points or 0.15%. The total market volume reached 1,152.01 million shares, slightly down from the previous session’s 1,224.17 million. The traded value rose to Rs27.98 billion, an increase of Rs2.23 billion, indicating stronger value trading despite lower volume.

Market breadth remained negative as 473 companies were active during the session. Among them, 193 closed with gains, 244 registered losses, and 36 remained unchanged.

Leading the charts in terms of volume was WTL with 239.75 million shares, followed by PASLNC at 97.49 million, SSGC at 49.86 million, FCSC at 49.08 million, and BOP at 43.53 million. Other actively traded stocks included BML, KOSM, PMI, PIAHCLA, and FDPL.

Despite today’s modest decline, the market remains dynamic with both opportunities and risks ahead, especially amid sector rotation and institutional realignments.