Karachi, March 3, 2025 – The KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a sharp decline of 1.12% on Monday, as investor sentiment remained subdued due to the absence of strong market triggers.
The KSE-100 closed at 111,987 points, marking a drop of 1,265 points from last Friday’s closing of 113,252 points.
Market analysts at Topline Securities Limited noted that the KSE-100 experienced significant selling pressure throughout the trading session. The index touched an intraday low of 111,829 points before marginally recovering to settle at 111,987 points, reflecting a 1.12% decline.
The negative trajectory of the KSE-100 was largely driven by the lack of any positive news to boost investor confidence. In addition, disappointing earnings from ENGROH, which failed to meet market expectations, led to a major sell-off, contributing 424 points to the overall decline in the KSE-100 index. Furthermore, the impact of shorter trading hours added further pressure to the market.
Several heavyweight stocks played a pivotal role in the KSE-100’s downturn. Key laggards included ENGROH, UBL, MCB, MTL, and PPL, which collectively shaved 731 points off the benchmark index. Investors exercised caution amid concerns over economic uncertainty and lack of new market-moving developments.
Despite the bearish trend, market activity remained relatively active, with a total trading volume of 207 million shares and a total turnover of Rs 11.8 billion. Among the most actively traded stocks, NBP led the volume charts, with 23 million shares exchanging hands.
Moving forward, analysts suggest that the KSE-100 index may continue to experience volatility unless a strong economic or policy catalyst emerges to revive investor confidence. Key factors that could influence the market include developments on the macroeconomic front, corporate earnings results, and government policies aimed at economic stabilization.
For now, investors are expected to adopt a cautious approach, keeping a close watch on upcoming financial reports and macroeconomic indicators that could potentially drive a rebound in the KSE-100 index.
