The benchmark index fell 1.36% to 165,867 points as 409 companies closed lower and trading activity weakened.
The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) remained under heavy selling pressure on Monday, falling 2,288.17 points, or 1.36%, to close at 165,867.32 points, compared with 168,155.49 points in the previous trading session.
The decline reflected broad-based weakness across the market, with the majority of traded stocks ending the session in negative territory.
Trading Activity Weakens
Trading activity also declined during the session. The ready market recorded a volume of 441.898 million shares, down from 493.957 million shares in the previous session.
The total traded value fell to Rs15.709 billion, compared with Rs17.491 billion a day earlier.
Market capitalisation also declined, falling to Rs18.464 trillion from Rs18.725 trillion in the previous session.
Of the 499 companies that traded in the ready market, only 55 recorded gains, while 409 closed lower. Another 35 remained unchanged, highlighting the broad-based bearish sentiment.
F. Nat.Equities Leads Volume Chart
F. Nat.Equities was the most actively traded stock, with 50.252 million shares changing hands. Pak Int.Bulk followed with 30.666 million shares, while Cnergyico PK recorded trading volume of 30.042 million shares.
Among the day’s top gainers, Dadex Eternit Limited rose Rs13.14 to close at Rs144.55, while Pakistan Synthetics Limited gained Rs11.61 to settle at Rs183.95.
On the losing side, Unilever Pakistan Foods Limited fell Rs472.40 to close at Rs25,016.00. PIA Holding Company LimitedB declined Rs150.50 to end at Rs15,000.00.
Futures Market Also Turns Bearish
The futures or DFC market also recorded significant selling pressure.
Turnover stood at 91.217 million shares, with traded value reaching Rs4.552 billion, compared with 94.041 million shares worth Rs5.370 billion in the previous session.
Of the 296 companies traded in the DFC market, only 15 advanced, while 281 declined and none remained unchanged.
The widespread declines across both the ready and futures markets underlined the strength of the bearish trend during Monday’s session, with the benchmark index falling further below the 168,000-point level.