The index dropped by 715.18 points or 0.58 percent to close at 122,046.46 points, compared to the previous day’s 122,761.64, according to data available at the PSX website.
Despite the market dip, trading volume remained high. A total of 758,542,306 shares changed hands, slightly up from 749,799,164 shares in the last session. The total value of traded shares also surged to Rs29,934,000,000 from Rs28,030,000,000, showing active investor participation despite market pressure.
Out of 473 companies that traded, 200 managed to gain, while 237 recorded losses and 36 remained unchanged. The overall sentiment leaned bearish, as selling pressure weighed down major sectors.
Among the top three volume leaders was Pak International Bulk Terminal with 37,503,501 shares traded at Rs8.52 per share. WorldCall Telecom followed with 33,285,442 shares at Rs1.45, and Pervez Ahmed Co posted 32,962,174 shares traded at Rs3.29.
On the gainers’ board, PIA Holding Company LimitedB stunned the market with a massive surge of Rs1,214.65 per share, closing at a jaw-dropping Rs13,361.18. The runner-up was S.S. Oil Mills Limited, which gained Rs71.57 to close at Rs787.28.
On the losing side, Ismail Industries Limited recorded the steepest decline, falling by Rs125.74 to close at Rs1,804.26. Pakistan Services Limited also saw a notable drop of Rs77.38, settling at Rs849.03.
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Investors are now left wondering — was this a short-term dip, or the start of a deeper correction?
The sudden downturn in the 100-Index suggests growing investor caution amid ongoing economic uncertainties. Despite high volumes and gains in select stocks, broader market sentiment dipped into the negative zone.
The sharp rise in PIA Holding’s stock could be linked to restructuring news or speculative buying, while heavyweight losses in companies like Ismail Industries signal risk-off behavior. Market watchers will be keenly eyeing upcoming economic data, policy changes, and international cues to gauge whether the PSX can bounce back or faces more volatility ahead.
