Trading volumes also took a major hit. A total of 693,301,556 shares changed hands, a steep decline from 802,006,843 shares a day earlier. Market value also shrank drastically as the worth of traded shares dropped to Rs26,343,000,000 from Rs40,450,000,000 in the last session.
The market activity showed mixed results with 479 companies involved in trading. Out of these, 204 registered gains, 246 recorded losses, while 29 remained unchanged – reflecting the dominance of bearish sentiment.
Kohinoor Spinning topped the list of volume leaders with 113,886,282 shares traded at Rs7.07 per share. Secure Logistics Gro followed with 32,587,401 shares at Rs18.42 per share, while Sui South Gas came third with 27,053,428 shares at Rs42.27 per share.
On the positive side, Dawood Lawrencepur Limited surprised investors by climbing Rs32.08 per share, closing at Rs352.92. Indus Gadoon Textile Mills Limited also gained Rs31.95, reaching Rs449.26 per share.
However, the losers’ side painted a grim picture. Unilever Pakistan Foods Limited plunged by a massive Rs944.36 per share, closing at Rs30,336.89. PIA Holding Company LimitedB followed with a steep fall of Rs653.30, closing at Rs27,112.10.
Read more: Gold prices stand still in Pakistan – Why investors fear sudden twist ahead?
In the futures market, 324 companies remained active where 93 posted gains, 224 suffered losses, and 7 stayed unchanged – once again tilting the balance towards a negative outlook.
The stock market’s sharp decline reflects growing investor concerns about economic stability, liquidity crunch, and weak global cues. The staggering loss of more than Rs14,000,000,000 in traded value shows that confidence is slipping fast. While a few companies like Dawood Lawrencepur and Indus Gadoon stood out with notable gains, the heavy losses in Unilever and PIA triggered fresh fears.
Unless positive triggers such as policy clarity, foreign inflows, or stronger corporate earnings appear soon, PSX may continue to remain under pressure in the coming sessions.
