The PSX 100-index experienced a bearish trend on Monday, losing 482.71 points. It closed at 157,554.66 points, down from 158,037.37 points recorded on the previous trading day. This represents a decline of 0.31 percent in the benchmark index.
Trading activity remained strong with a total of 1,665,972,171 shares exchanged, valuing Rs60.902 billion. This reflects a slight decrease compared to the last trading day, when 2,047,812,574 shares worth Rs69.273 billion were traded. A total of 483 companies transacted shares, with 209 gaining, 252 sustaining losses, and 22 remaining unchanged.
Top trading companies included K-Electric Limited, which saw 236,012,044 shares traded at Rs6.11 per share. It was followed by Bank of Cnergyico PK with 158,719,962 shares at Rs8.54, and Bank of Punjab with 126,794,196 shares at Rs25.98 per share.
The day’s major gainers were PIA Holding Company Limited, which rose by Rs431.62 to close at Rs24,801.15, and Supernet Technologies Limited, which increased by Rs107.50 to end at Rs1,182.52. On the other hand, the top losers were Khyber Textile Mills Limited, which dropped by Rs91.32 to close at Rs2,251.50, and Rafhan Maize Products Company Limited, which fell by Rs47.10 to Rs9,542.07.
In the futures market, trading activity showed growth with 463,633,000 shares exchanged, up from 405,170,000 shares on the previous day. The total value in the futures segment stood at Rs33.247 billion, compared to Rs18.168 billion previously.
Analysts noted that the PSX faced pressure due to profit-taking in key sectors, while strong activity in select companies supported overall market volume. Investors are advised to monitor sector-specific developments and global cues to anticipate further movements in the PSX.
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