Karachi: The Pakistan Stock Exchange (PSX) remained under pressure throughout the day on Wednesday. The KSE-100 reference index plunges 1,505 points into a context of intensification of geopolitical tensions and lunic economic data.
The index closed down 1,505.11 points, or 1.23%, to 120,465.93 points, against 121,971.04 points recorded during the last session. The highest index of the day remained at 121,905.5 points, while the lowest level was recorded at 120,418 points.
Ahsan Mehanti, analyst at ARIF HABIB CORP, has awarded the broad drop in the high tensions to the Middle East high tensions and the concerns of investors concerning the lamentable economic data of Pakistan, in particular a current account deficit of $ 103 million in May 2025 by increasing imports.
He declared that low global actions and a drop in the Roupie played a catalytic role in the sale of panic at the PSX.The KSE-30 decreased by 406.83 points, or 1.1% to 36,506.12 points, against 36,912.96 points.
The negotiated shares have dropped 445 million shares to 707.300 million shares, compared to 1,152.012 million shares. Commercial value has decreased to RS21,273 billion RS27.983 billion. The stock market capital has narrowed to Rs14.61 Billions against RS14,780 Billion. Of the 470 companies active in the session, 102 closed Green, 327 in red and 41 remained unchanged.
Naveed Nadeem, analyst at Topline Securities, said that the Pakistan Stock Exchange (PSX) has endured a dull negotiation session, reflecting the nervous feeling in the global markets. The increasing geopolitical tensions, in particular the climbing of the dead end between Iran and Israel, weighed heavily on the confidence of investors. The atmosphere of uncertainty caused an approach opposite to risk, leaving the market without direction for most of the day.
The heavyweight counters, notably Enroh, PKGP, PPL, Mari and UBL have exerted a significant drop pressure, contributing collectively to a drop of 488 points in the index. The highest was recorded in Macter International Limited, which increased from RS46.72 to RS513.90 per share, followed by Hinopak Motors Limited, which increased by RS41 to RS451.03 per share. A significant drop was noted in PIA Holding Company Limited B, which dropped from RS1,530.02 to Rs13 770.15 per share; Unilever Pakistan Foods Limited followed him, who closed down from RS211 to Rs22 989 by action.
Analyst Mubashir Anis Naviwala to JS Global said that the scholarship was under pressure from the sale throughout the session. The feeling of investors has remained weak in the midst of uncertainty, leading to very low participation in the market.
He said the sharp decline reflects increasing concerns about geopolitical risks and economic prospects. The wider trend remains uncertain, with caution in force in all areas. “We advise investors to adopt a defensive approach and limit aggressive exposure. Risk management is essential in the current volatile environment, ”he advised.
WorldCall Telecom remained the volume leader with 110.905 million shares, which fell down 11 paisas to RS1.50 per share. Prud MOD1ST, with 51.711 million shares, followed it, which closed more than 74 paisas at RS4.61 per share.
The other stocks of important turnover included Pervez Ahmed Co, Suit South Gas, TPL Properties, IST. Capital dry, Pia Holding Company, Secure Logistics Gro, First Dawood Prop and Invest Bank. In the long term, 314 companies have recorded exchanges, 36 of which increased, 276 decreased and 2 remained unchanged.
