The market’s benchmark KSE-100 Index extended its losing streak, falling by 476.02 points, or 0.32%, to close at 146,529.31 points, down from 147,005.32 in the previous session.

Trading volume also shrank, with 647,094,379 shares exchanged compared to 691,658,929 shares a day earlier. The total value of traded shares dropped to Rs40,896 million from Rs44,579 million.

Out of 487 companies that traded during the day, 199 recorded gains, 240 suffered losses, and 48 remained unchanged.

The most active stocks were Yousuf Weaving with 51,807,110 shares at Rs6.14, Aisha Steel Mill with 48,592,372 shares at Rs12.92, and Bank of Punjab with 33,751,962 shares at Rs14.26.

Hoechst Pakistan Limited saw the highest gain of Rs201.10 per share, closing at Rs3,225.80, followed by Sindh Abadgars Sugar Mills Limited, which rose by Rs28.52 to Rs313.67.

Read more: Moody’s upgrades Pakistan’s credit rating, outlook revised to stable

On the flip side, PIA Holding Company LimitedB posted the steepest drop of Rs328.13, closing at Rs28,671.87, while Unilever Pakistan Foods Limited lost Rs61.61 to close at Rs31,959.00.

In the futures market, 323 companies traded, with 149 gaining, 168 losing, and 6 remaining unchanged.

The KSE-100’s continued decline reflects growing investor caution amid market volatility and reduced liquidity. While some stocks, such as Hoechst Pakistan and Sindh Abadgars Sugar Mills, posted significant gains, heavy losses in major counters like PIA Holdings and Unilever Foods weighed on sentiment. The drop in traded value and volume suggests participants are staying on the sidelines, awaiting clarity on economic and political cues before making major moves.