The index closed at 164,530.81 points, compared to 165,266.75 points from the previous trading session.

Trading activity remained high despite the negative sentiment. Around 1,570,375,438 shares were traded during the session, up from 1,274,692,822 shares in the previous day. However, the total share value dropped to Rs50.52 billion, down from Rs61.13 billion a day earlier.

Out of 481 companies that traded their shares, 184 recorded gains, 264 faced losses, and 33 remained unchanged.

Among the most traded stocks, K-Electric Limited led the volume chart with 278,930,151 shares traded at Rs6.92 per share, followed by WorldCall Telecom with 193,587,358 shares at Rs1.77 per share, and Pakistan Telecommunication Company Limited (PTCL) with 119,852,815 shares at Rs35.68 per share.

On the gainers’ list, Unilever Pakistan Foods Limited stood out with the highest increase of Rs167.64 per share, closing at Rs30,167.64. Supernet Technologies Limited also performed strongly, rising by Rs152.97 to Rs1,682.66.

However, some major stocks faced steep losses. Nestle Pakistan Limited recorded the biggest decline of Rs43.20 per share, closing at Rs8,306.78, followed by Shahmurad Sugar Mills Limited, which fell by Rs37.22 to Rs445.32.

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In the futures market, 330 companies traded shares, out of which 91 gained, 237 declined, and 2 remained unchanged.

The PSX showed another bearish day, reflecting cautious investor behavior amid economic uncertainty and profit-taking trends. While trading volumes stayed strong, the decline in overall share value hints at reduced confidence. Experts believe that upcoming corporate results and political developments could shape the market’s direction in the coming days.