KARACHI: The Pakistan Stock Exchange (PSX) remained under pressure on Tuesday, extending its losing streak as sustained selling by foreign and local participants weighed heavily on equities amid broad-based weakness across the banking, energy, power, and telecom sectors.
The benchmark KSE-100 Index declined by 1,303.52 points, or 0.75 percent, to close at 173,150.42 points as compared to the previous close of 174,453.94. During the session, the index moved between an intraday high of 176,131.35 and a low of 171,693.40, reflecting persistent investor caution.
On Tuesday, the BRIndex100 opened at 19,640.41 and closed at 19,447.67, down 192.74 points or 0.98 percent compared to the previous close. Total volume stood at 596.79 million shares. The BRIndex30 closed at 69,668.78 points, down 982.35 points or 1.39 percent from the previous close, with a total volume of 442.48 million shares.
According to Topline Sales Desk, persistent foreign selling continued to dominate the session, keeping the market on the back foot. Sustained offloading in heavyweight stocks dampened momentum and contributed significantly to the overall decline.
Index-heavy constituents Pakistan State Oil (PSO), Habib Bank Limited (HBL), Engro Holdings (ENGROH), United Bank Limited (UBL), Fauji Fertilizer Company (FFC), and National Bank of Pakistan (NBP) collectively shaved 892 points off the KSE-100 Index. Meanwhile, selective buying in Oil & Gas Development Company, Pakistan Petroleum Limited, Mari Petroleum, and Bank of Punjab provided partial support, adding 359 points to the benchmark.
Total market capitalization declined sharply to Rs19.67 trillion from Rs19.78 trillion, reflecting a loss of approximately Rs110 billion in investor wealth. The Ready Market recorded a turnover of 716.04 million shares compared to 773.29 million shares in the previous session, with a traded value of Rs40.47 billion. On Monday, traded value was recorded at approximately Rs46.24 billion.
The Ready Market recorded 128 advancing stocks against 293 decliners, with 56 remaining unchanged, out of a total of 477 traded companies.
K-Electric Limited dominated volumes with 122.54 million shares, closing at Rs7.82. Other actively traded stocks included Bank of Punjab, which traded 79.84 million shares and closed at Rs34.12, while WorldCall Telecom saw 35.51 million shares change hands, finishing the day at Rs1.52. Meanwhile, Cnergyico PK recorded 28.68 million shares in trading and ended the session at Rs7.47.
Among the top gainers, S.S. Oil Mills Limited rose by Rs52.08 to close at Rs572.85, while Khyber Textile Mills Limited gained Rs42.82 to settle at Rs1,659.98. On the losing side, PIA Holding Company Limited (B) shed Rs187.00 to close at Rs18,152.00, while Unilever Pakistan Foods Limited lost Rs170.17 to Rs26505.00, reflecting aggressive profit-taking.
The BR Automobile Assembler Index closed at 26,988.43, down 74.95 points or 0.28 percent, with a total turnover of 3.20 million shares. The BR Cement Index closed at 12,704.50, declining by 68.04 points or 0.53 percent, with a turnover of 23.24 million shares.
The BR Commercial Banks Index closed at 58,626.37, down 904.73 points or 1.52 percent, with a turnover of 118.90 million shares. The BR Power Generation and Distribution Index closed at 27,710.47, losing 178.5 points or 0.64 percent, with a turnover of 153.04 million shares.
The BR Oil and Gas Index closed at 14,620.92, gaining 28.7 points or 0.2 percent, with a turnover of 54.43 million shares. The BR Tech. & Comm. Index closed at 3,761.68, down 22.56 points or 0.6 percent, with a turnover of 83.90 million shares.
Analysts indicated that ongoing foreign selling and sustained pressure on heavyweight stocks have kept the market under stress, as investors are expected to remain cautious amid weak sentiment and heightened volatility.
Copyright Business Recorder, 2026