Karachi: The Pakistan Stock Exchange witnessed a volatile trading session as the KMI-30 index closed lower despite strong gains in select stocks.
The benchmark index started the day at 221,533 points and climbed sharply during the session, reaching a high of 226,479 points.
However, selling pressure later pushed the market downward, resulting in a closing level of 221,927 points.
The overall decline of 1,792 points reflects cautious investor sentiment as traders responded to economic and sector-specific developments.
Among the biggest gainers, Engro Holdings led the market rally with a contribution of 1,115 points. Technology firm Systems Limited also posted significant gains.
The fertilizer sector also provided support through Engro Fertilizers, while Attock Refinery and GlaxoSmithKline Pakistan recorded smaller positive contributions.
Meanwhile, heavy losses were seen in cement, oil, and banking sectors.
Lucky Cement emerged as the biggest dragger on the index. Energy giants OGDC and HUBC also contributed to the decline.
Banking stock Meezan Bank and energy firm Pakistan Petroleum Limited further weighed on the market.
Market experts say such fluctuations are common in stock markets where investors constantly adjust their portfolios in response to economic signals.
They believe that improved macroeconomic indicators, stable inflation, and investor confidence could support the stock market in the coming months.
| 12 MAR 2026 | ||||||||||||||||||||||||||||||||||||
| Market Wrap: KSE-100 Daily Performance Update | ||||||||||||||||||||||||||||||||||||
Open 154,679.71 High 157,080.29 Low 153,503.70 Close 154,421.43 Change in Points -1,437.05 | ||||||||||||||||||||||||||||||||||||
% Change ⇌% -0.92% Index Constituent Volume (Mn) 202.93 FYTD 22.92% CYTD -11.28% | ||||||||||||||||||||||||||||||||||||
| Pullers & Draggers: KSE-100 Index | ||||||||||||||||||||||||||||||||||||
Pullers ↑↑↑
Draggers ↓↓↓
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| Disclaimer: The content is for informational purposes only and is not an offer or advice. It should not be used as a basis for investment decisions. Always seek professional advice on legal, tax, Shariah, and financial matters before investing. Conduct thorough research before buying or selling securities. Stock market investing involves risks and can fluctuate in value. Past performance does not predict future results. The PSX does not guarantee returns or dividends. |
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