Advertisement

PSX Crashes Over 2,500 Points as KSE-100 Falls 1.41pc

Pakistan Stock Exchange - Times of Karachi
File photo
Stay updated - Follow TOK on WhatsApp for instant alerts!
Pakistan’s benchmark KSE-100 Index plunged 2,546.94 points, or 1.41%, to close at 177,955.50 on Tuesday.
Broad-based selling dominated the market, with 368 stocks declining against 104 gainers.
Trading remained active, with 1.04 billion shares traded across the exchange at a total value of Rs50.74 billion.
0:00 / --:--
Advertisement

The Pakistan Stock Exchange (PSX) closed sharply lower on Tuesday, with the benchmark KSE-100 Index falling 2,546.94 points, or 1.41%, to settle at 177,955.50.

Follow Times of Karachi on Google News and add as a preferred Source on Google

The index remained under pressure throughout the session, hitting an intraday high of 180,602.44 and a low of 177,866.04. The previous close was recorded at 180,502.44.

Trading activity remained robust, with 511.87 million shares changing hands on the index, while the reported market value stood at Rs34.77 billion.

Across the broader market, 563 stocks were traded. Of these, 104 advanced, 368 declined and 91 remained unchanged, reflecting broad-based selling pressure.

Market Summary Main Board
SCRIPPRICEHIGHLOWCHANGEVOLUME
CNERGY14.7915.7514.68-0.22231,461,057
HASCOL21.6722.7421.50.1150,309,608
SSGC28.6830.128.150.1845,472,350
CLOV6.967.856.76-0.834,061,307
PIBTL16.7717.316.640.0233,276,549
PRL85.3891.7981.10.9830,277,472
PREMA40.784440.150.5927,575,212

Cnergyico PK Limited (CNERGY) emerged as the volume leader, with 231.46 million shares traded. The stock closed at Rs14.79, down Rs0.22, after moving between Rs14.68 and Rs15.75 during the session.

Advertisement

Hascol Petroleum (HASCOL) followed with 50.31 million shares. Its share price rose Rs0.11 to Rs21.67, with the stock trading as high as Rs22.74 and as low as Rs21.50.

Sui Southern Gas Company (SSGC) recorded 45.47 million shares in volume and gained Rs0.18 to close at Rs28.68.

Also Read: Pakistan’s total debt rises to Rs99.6 Trillion: SBP

Other actively traded stocks included Clover Pakistan (CLOV), Pakistan International Bulk Terminal (PIBTL), Pakistan Refinery Limited (PRL) and Premier Energy (PREMA).

CLOV declined Rs0.80 to Rs6.96, while PIBTL edged up Rs0.02 to Rs16.77. PRL gained Rs0.98 to close at Rs85.38, and PREMA rose Rs0.59 to Rs40.78.

Overall market statistics showed 1.04 billion shares traded, with total traded value reaching Rs50.74 billion and 565,220 trades recorded.

Advertisement

The session’s breadth remained decisively negative, with decliners substantially outnumbering advancing stocks, underscoring the intensity of the day’s selling pressure.

Follow the Times of Karachi channel on WhatsApp

A day earlier, Pakistan’s stock market closed higher, with the benchmark index gaining 397.83 points, or 0.22%, to settle at 180,502.44, as trading activity remained strong during the session.

The index opened the session on a firm note and moved between an intraday high of 181,158.86 and a low of 180,281.75. It had closed at 180,104.61 in the previous session.

Trading activity remained robust, with 511.22 million shares changing hands on the market’s main board, generating a traded value of approximately Rs32.71 billion.

Across the exchange, total market volume reached 1.05 billion shares, while the overall traded value stood at Rs48.33 billion. Investors executed 478,897 trades during the session.

Advertisement
Share

Follow Times of Karachi on Google News and explore your favorite content more quickly!
Leave a Reply
Related Posts
🚫 Ad blocker detected. Please disable your ad blocker to support our content.
Close Button
Advertisement