PSX plunges over 1,700 points – Why bearish wave hits market again?

PSX plunges over 1,700 points – Why bearish wave hits market again?

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October, 30 2025

KARACHI (Web Desk): The Pakistan Stock Exchange (PSX) remained under pressure as the 100-index continued its bearish run, dropping by 1,732.19 points or 1.09 percent to close at 156,732.87 compared to 158,465.06 in the previous session.

The decline reflected persistent selling pressure across multiple sectors. Trading activity also slowed down, with 848.303 million shares changing hands compared to 951.840 million a day earlier. The total value of traded shares stood at Rs37.61 billion against Rs41.31 billion previously, showing reduced investor participation.

Out of 475 companies that traded their shares, 148 recorded gains, 293 suffered losses, and 34 remained unchanged. The Bank of Punjab topped the volume chart with 84.182 million shares, followed by WorldCall Telecom with 50.188 million and K-Electric Ltd. with 47.800 million shares.

In the gainers’ list, Supernet Technologies Limited rose by Rs118.17 to close at Rs1,602.56, while S.S. Oil Mills Limited increased by Rs42.13 to close at Rs463.41.

On the losing side, PIA Holding Company LimitedB recorded a massive drop of Rs333.33, closing at Rs23,966.67. Unilever Pakistan Foods Limited also slipped by Rs297.14, ending at Rs28,633.75.

In the futures market, 561.036 million shares were traded, up from 482.377 million a day earlier. HUBC-OCTB led the gainers with an increase of Rs8.44 to close at Rs214.46, while ENGROH-NOV fell by Rs20.95 to settle at Rs217.72.

The continued slide in the PSX reflects growing investor concerns over economic stability and profit-taking after recent highs. Analysts suggest that market confidence remains fragile due to policy uncertainty and weak foreign inflows. However, experts believe that value buying may emerge once clarity returns in the coming sessions.