Karachi: The Pakistan Stock Exchange (PSX) witnessed a weak trading session on March 13, 2026, as the KMI-30 index closed sharply lower, reflecting selling pressure in several major stocks.
According to the latest market data, the KMI-30 index closed at 220,139.18 points, down by 1,787.82 points, representing a decline of 0.81 percent compared with the previous session. Market analysts say the fall was mainly driven by losses in large-cap stocks, particularly fertilizer and banking companies.
During the trading session, the index opened at 221,072.81 points and briefly moved higher to reach an intraday high of 222,715.68 points. However, selling pressure later intensified, pushing the index down to the day’s low of 218,295.13 points before settling at the closing level.
Trading Volume and Market Sentiment
The index constituent volume reached 52.42 million shares, indicating moderate trading activity during the session. Market participants remained cautious amid concerns about economic developments and global financial trends.
Despite the overall decline in the index, the market has still shown positive performance since the beginning of the fiscal year. The Fiscal Year-to-Date (FYTD) performance stands at 19.07 percent, reflecting that investors have gained significantly since the start of the fiscal period.
However, the Calendar Year-to-Date (CYTD) performance remains negative at -11.43 percent, highlighting the volatility seen in the market during the early months of the year.
Top Performing Stocks
Some stocks managed to support the index despite the broader market decline. Among the top contributors (pullers) were:
- MARI, contributing 115.40 points
- ATRL, adding 84.08 points
- MLCF, contributing 61.40 points
- AIRLINK, adding 43.65 points
- SYS, contributing 21.75 points
Analysts say these stocks helped limit the overall decline in the index, especially those linked to the energy and technology sectors.
Major Declining Stocks
On the other hand, several heavy-weight stocks pulled the index down significantly. The largest draggers included:
- ENGRO, which reduced the index by 949.72 points
- LUCK, dragging the index down by 331.78 points
- FFC, contributing a negative 189.05 points
- HUBC, reducing the index by 144.26 points
- MEBL, lowering the index by 122.60 points
Market experts note that fertilizer and banking stocks faced selling pressure during the session, which played a major role in the decline.
Outlook for the Market
Despite the day’s decline, analysts remain cautiously optimistic about the market’s medium-term outlook. They believe investor sentiment may improve if economic stability continues and corporate earnings remain strong.
Investors are advised to closely monitor economic indicators, corporate announcements, and global market trends when making investment decisions.
| Indicator | Value |
|---|---|
| Open | 221,072.81 |
| High | 222,715.68 |
| Low | 218,295.13 |
| Close | 220,139.18 |
| Change (Points) | -1,787.82 |
| % Change | -0.81% |
| Index Volume | 52.42 Million |
| FYTD Performance | 19.07% |
| CYTD Performance | -11.43% |
