KARACHI: Pakistan Stock Exchange (PSX) came under heavy selling pressure on Tuesday as persistent domestic political uncertainty and rising international crude oil prices weighed on investor sentiment.
The benchmark KSE-100 Index down 2,546.94 points, or 1.41%, to close at 177,955.51 points. The KSE-100 Index touched an intraday high of 180,602.44 points and a low of 177,866.04 points.
Business Recorder’s market indices also recorded declines across all monitored sectors. The BRIndex100 fell 294.74 points, or 1.48%, to close at 19,619.27 points on turnover of 854.997 million shares. The BRIndex30 declined 1,235.50 points, or 1.68%, to 72,264.19 points, with turnover of 519.391 million shares.
According to a market review by Topline Securities, heightened intraday volatility and selling pressure prompted investors to reduce their exposure across major sectors.
Fauji Fertilizer Company (FFC), Meezan Bank Limited (MEBL), Engro Holdings (ENGROH), United Bank Limited (UBL) and Oil & Gas Development Company (OGDC) were among the major drags on the benchmark, collectively erasing approximately 928 points.
Market breadth reflected the broad-based nature of the sell-off. On the Ready Market, 104 of 494 active companies advanced, 368 declined and 22 remained unchanged.
Ready Market turnover stood at 1.039 billion shares, with traded value reaching Rs50.74 billion. Total market capitalisation declined to Rs19.91 trillion from Rs20.20 trillion in the previous session.
Cnergyico PK remained the most actively traded stock on the Ready Market, with 231.46 million shares changing hands. The stock closed at Rs14.79.
Hascol Petrol followed with 50.31 million shares, closing at Rs21.67, while Sui South Gas recorded 45.47 million shares and closed at Rs28.68.
Hoechst Pakistan Limited was the leading price gainer, rising Rs69.54 to close at Rs3,999.99 per share, followed by Buxly Paints Limited, which gained Rs36.96 to Rs406.60.
Sapphire Textile Mills Limited recorded the largest decline, falling Rs65.04 to Rs1,364.97 per share, while Khairpur Sugar Mills Limited declined Rs56.83 to Rs909.48.
The BR Commercial Banks Index fell 683.49 points, or 1.07%, to 63,100.55 points on 51.49 million shares. The BR Power Generation and Distribution Index declined 479.37 points, or 1.76%, to 26,827.69 points on 40.33 million shares.
The BR Automobile Assembler Index decreased 326.97 points, or 1.36%, to 23,757.99 points, with turnover of 2.37 million shares. The BR Oil and Gas Index lost 267.88 points, or 1.73%, to 15,242.39 points on 151.61 million shares.
The BR Cement Index fell 206.87 points, or 1.63%, to 12,471.92 points, while the BR Tech. & Comm. Index declined 65.69 points, or 1.79%, to 3,608.72 points.
Analyst say the broad-based decline reflected a cautious trading environment, with selling pressure evident across major sectors and futures contracts.
The sharp fall in market capitalisation and the predominance of declining stocks indicated a significant deterioration in market breadth during the session, while elevated trading volumes showed that investor participation remained active despite the bearish trend.
Copyright Business Recorder, 2026