Pakistan Stock Exchange index slips 0.51%
The PSX benchmark closed at 162,103, down 0.51%, with muted activity and low volume dominating the session.
The Pakistan Stock Exchange (PSX) benchmark index closed at 162,103 — a 0.51% decline — after largely trading in a tight range throughout the session.
The market saw little momentum, with the predominant theme being lack of triggers or meaningful news to drive investor sentiment. Trading volumes were subdued and liquidity remained weak, which contributed to the downward pressure that intensified during the closing hours.Stock Market Continues Gains
Stocks that delivered the biggest positive impact on the index included Habib Bank Ltd. (HBL), Bank of Punjab (BOP), Fatima Fertilisers Company (FATIMA), MCB Bank Ltd. (MCB) and HMB (Highnoon Labs) (HMB) — which cumulatively added roughly 150 index points. Offsetting this were declines in Fauji Fertilizer Company (FFC), Pakistan Petroleum Limited (PPL), Engro Corp. (ENGROH) and Millat Tractors Limited (MLCF) — with these four dragging the index by about 417 points.
In terms of trading activity, the most active counters by value were PPL at PKR 1.4 billion, HUBCO (Lahore Electric Power Company) at PKR 1.19 billion, Oil & Gas Development Company (OGDC) at PKR 1.12 billion, Mari Petroleum Company (MARI) at PKR 1.12 billion and BOP at PKR 962 million. The overall traded volume stood at 767 million shares, while turnover was PKR 28.6 billion (equivalent to roughly US$101 million).
