Pakistani Stock Market Declines as Key Indices Fall

Karachi: The Pakistan Stock Exchange (PSX) saw a significant downturn today, with its primary indices, the KSE-30 and KSE-100, experiencing notable declines. The KSE-100 index fell by 4,654.77 points, a decrease of 2.85%, while the KSE-30 index dropped by 1,444.30 points, reflecting a 2.88% decline.

In terms of market capitalization, PSX recorded a total of Rs 18,375.03 billion, a decline of 2.83% from the previous day. In US dollar terms, the market cap stood at $65.35 billion. Despite the downturn, the year-to-date (YTD) figures for the calendar year 2025 show a positive trend, with the KSE-100 index up by 37.63% and the KSE-30 index up by 34.71%.

Among the top gainers, UNITY Foods Ltd. saw its share price increase by 10.00%, closing at Rs 26.19. Pakgen Power Ltd. (PKGP) and EFU General Insurance Ltd. also posted gains, with increases of 1.54% and 0.80%, respectively.

Conversely, some stocks suffered losses, with Pakistan Services Ltd. (PSEL) experiencing the most significant decline, dropping by 8.90% to a price of Rs 810.33. Other notable losers included Hafiz Limited (HGFA) and Mughal Iron and Steel Industries Ltd. (MUGHAL), which fell by 8.07% and 6.94%, respectively.

The PSX saw a total trading volume of 1,365.70 million shares, with a total value of Rs 62.47 billion or $222.17 million. K-Electric Ltd. (KEL) was the volume leader, trading 197.27 million shares valued at Rs 1,349.97 million.

In the broader regional context, other Asian markets also faced declines. China’s SSE Composite Index fell by 0.2%, and India’s BSE Sensex also declined by 0.2%. Indonesia and Malaysia experienced declines of 0.4%, while South Korea’s KOSPI dropped by 0.7%. Conversely, the Philippines recorded a slight increase of 0.2%.

Despite the day’s downturn, the PSX continues to show strong YTD growth, suggesting resilience amid the current market fluctuations.