KARACHI: Pakistan Stock Exchange (PSX) extended its decline on Tuesday as persistent selling pressure, cautious investor sentiment and lingering macroeconomic and geopolitical concerns dragged the Index down. The benchmark KSE-100 Index fell by 814.44 points, or 0.49 percent, to close at 165,151.64 points against 165,966.09 points in the previous session. During the day, it moved within a range of 1,314.42 points, reaching an intraday high of 166,425.56 points and a low of 165,111.14 points.
The latest decline followed Monday’s loss of 453.63 points, or 0.27 percent, indicating that the downward momentum continued for a second consecutive session.
Business Recorder’s benchmark indices also reflected the broad-based decline. BRIndex100 closed at 18,157.66 points, down 101.50 points, or 0.56 percent, with a total turnover of 336.635 million shares. BRIndex30 fell by 407.97 points, or 0.63 percent, to settle at 64,862.65 points, with turnover of 218.109 million shares.
According to the Topline Sales Desk, the KSE-100 Index remained volatile throughout the session as selling pressure continued to weigh on market performance. ATRL, ENGROH, SYS, HBL and HUBC emerged as the major contributors to the benchmark’s decline, collectively dragging it down by approximately 348 points and reinforcing the prevailing bearish sentiment.
Ready-market activity increased in volume but edged lower in traded value. Total turnover rose to 446.843 million shares from 370.941 million shares in the previous session, an increase of 75.901 million shares, or 20.46 percent. However, the total traded value declined slightly to Rs. 19.427 billion from Rs. 19.563 billion, a decrease of Rs. 0.136 billion, or 0.70 percent.
Total market capitalisation contracted by Rs. 118.436 billion to Rs. 18.309 trillion from Rs. 18.427 trillion previously. Market breadth remained heavily tilted towards declining stocks, with 324 companies closing lower, 128 advancing and 47 remaining unchanged out of 499 active issues.
Cnergyico PK led ready-market turnover with 46.545 million shares. The stock closed at Rs. 12.41 against the previous close of Rs. 12.88. Pak Refinery Limited followed with 42.705 million shares. It settled at Rs. 101.44 compared with Rs. 108.81 previously. K-Electric Limited recorded turnover of 26.387 million shares. The stock closed at Rs. 5.72 against the previous close of Rs. 6.01.
Among ready-market price gainers, Khairpur Sugar Mills Limited recorded the largest increase, rising by Rs. 129.84 to close at Rs. 1,428.24. Ismail Industries Limited followed, gaining Rs. 31.55 to settle at Rs. 1,837.34.
On the losing side, PIA Holding Company LimitedB recorded the largest decline, shedding Rs. 555.15 to finish at Rs. 13,644.51. Sapphire Textile Mills Limited followed, falling by Rs. 73.80 to close at Rs. 1,484.94.
Sectoral performance remained predominantly negative. The BR Automobile Assembler Index declined by 270.16 points, or 1.25 percent, to close at 21,426.52 points on a turnover of 1.395 million shares. The BR Cement Index shed 23.46 points, or 0.21 percent, to settle at 11,284.56 points, with 12.073 million shares traded.
The BR Commercial Banks Index lost 181.24 points, or 0.32 percent, to close at 57,033.78 points on a turnover of 9.282 million shares. The BR Power Generation and Distribution Index fell by 292.91 points, or 1.18 percent, to 24,572.57 points, with 38.029 million shares traded.
The BR Oil and Gas Index declined by 6.63 points, or 0.05 percent, to finish at 14,701.92 points, recording turnover of 20.670 million shares. The BR Tech & Communication Index shed 39.79 points, or 1.25 percent, to close at 3,153.76 points, with 76.456 million shares traded.
Looking ahead, analysts say market performance is expected to remain under pressure and sensitive to evolving macroeconomic indicators and geopolitical headlines until clear catalysts emerge to revive investor confidence and drive sustained market recovery.
Copyright Business Recorder, 2026
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