ISLAMABAD: Pakistan benchmark KSE-100 index suffered further losses on Tuesday, dropping 1,587.06 points, or 0.91%, to reach 172,866.87 points by 11:10 am, following a volatile session on Monday when the index plunged over 5,000 points.
Read More: Stocks tank almost 3% as KSE-100 Index closes in the red
Trading volumes on Tuesday reached 112.6 million shares, valued at approximately Rs 7.25 billion. Analysts at Topline Securities attributed the decline to continued foreign outflows and heightened political uncertainty, which eroded investor confidence and intensified bearish momentum in the market.
Among the most active stocks, K-Electric Limited led the decliners, losing 3.81% to Rs 7.82 on a volume of 50.55 million shares. The Bank of Punjab fell 3.91% to Rs 31.95 with 10.49 million shares traded. Worldcall Telecom Limited remained relatively stable at Rs 1.53, with 15.76 million shares changing hands.
On the upside, Metropolitan Steel Corporation Limited rose 10.02% to Rs 23.05, while 786 Investments Limited gained 10.01% to close at Rs 19.67. Javedan Corporation (Pref) also posted a 10% increase to Rs 127.68, marking the day’s top advancers.
The steepest decliners included LSE Capital Limited, which fell 22.47% to Rs 1.38, Engro Powergen Qadirpur Limited down 10.01% to Rs 27.69, and Chashma Sugar Mills Limited declining 10% to Rs 87.76.
Read More: KSE-100 plunges over 6,000 points
The market’s downward trajectory reflects investor caution amid political noise, global economic pressures, and ongoing foreign portfolio outflows. Analysts suggest that stability in government policies and signs of foreign inflows will be critical to reversing the current bearish trend.
Investors are advised to monitor developments closely, as the market sentiment continues to be highly sensitive to both domestic political events and international economic conditions.
