Tuesday’s trend persisted at the Pakistan Stock Exchange (PSX), where the KSE-100 Index opened on a positive note, gaining 589 points early on. However, selling pressure soon intensified, dragging the index down by 1,794 points to close at 158,465, down 1,635 points or 1.02%.
Read More: Pakistan Stock Market Bleeds
The market continued its corrective phase as investors reacted to mixed corporate results — with some firms posting robust earnings while others missed expectations. Margin calls on leveraged positions further accelerated the decline, while volatility remained elevated due to the ongoing futures rollover week.
Losses were largely driven by LUCK, UBL, MARI, MCB, and EFERT, which collectively eroded 577 points from the index. Conversely, NBP, THALL, BAFL, JVDC, and ILP lent partial support, adding 186 points to the benchmark.
Despite the bearish close, trading activity remained strong, with total volumes rising to 950 million shares and overall turnover reaching Rs. 41.2 billion. K-Electric (KEL) led the charts with 92.9 million shares traded.
