The KMI-30 index at the Pakistan Stock Exchange (PSX) witnessed a mixed trend on Tuesday as the struggle between positive and negative forces continued but at the end the index closed at 232,771 points, down 1,483 points from the previous session. During the day, the market touched a high of 236,680 points and a low of 228,631 points, reflecting investor uncertainty.
Among the companies that played a significant positive role in the market, LUCK was the top performer, gaining 614 points, while EFERT and ATRL also contributed significantly. OGDC and PAEL also saw limited buying, which supported the market for some time. On the other hand, MARI had the most negative impact while FFC, HUBC, MEBL and MLCF pushed the index downward overall.
According to analysts, investors are currently focused on fundamental financial indicators and upcoming policy decisions in the market. While the 25%-plus gain during the fiscal year reflects market strength, profit-taking and uncertainty in recent sessions have slowed the momentum. Experts say that at the current levels, long-term investors can adopt a phased buying strategy, while short-term investors should pay special attention to risk management.
