Karachi, October 24, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) continued its downward trend on Friday, dropping 1,286 points amid selling pressure ahead of the upcoming futures roll-over week.
The KSE-100 index closed at 163,304 points, down from the previous day’s close of 164,590 points, reflecting renewed investor caution and profit-taking following quarterly earnings announcements.
According to Topline Securities Limited, the ongoing decline can be attributed to mutual fund selling, profit-taking on September quarter results, and concerns over the upcoming futures roll-over week.
Major Sectoral Impact
The banking sector contributed most to the negative sentiment, with UBL, BAHL, MEBL, HBL, BOP, AKBL, and BAFL collectively dragging the index down by 877 points. Analysts said the sector’s weakness followed disappointing September-quarter results, marked by higher-than-expected operating expenses and lower profitability.
Top Traded Stocks by Value
| Company | Traded Value (PKR bn) |
| Bank of Punjab (BOP) | 2.37 |
| The Searle Company (SEARL) | 2.11 |
| Pakistan Petroleum Limited (PPL) | 1.87 |
| K-Electric Limited (KEL) | 1.12 |
| Pakistan State Oil (PSO) | 0.98 |
Key Corporate Announcements
• Meezan Bank Limited (MEBL) reported 3Q2025 EPS of Rs.11.7, down 7.4% quarter-on-quarter (QoQ) and 13% year-on-year (YoY). The result included an interim cash dividend of Rs.7 per share.
• The Searle Company Limited (SEARL) announced 1QFY26 EPS of Rs.1.67, marking a strong 184% YoY increase, reflecting robust pharmaceutical sector performance.
By the end of the trading session, total traded volume stood at 1.03 billion shares, while traded value reached PKR 34.97 billion.