Karachi, June 13, 2025 — The Pakistan Stock Exchange (PSX) witnessed a steep decline on Friday as the benchmark KSE-100 index tumbled by a massive 1,950 points, amid heightened geopolitical tensions following Israel’s military action against Iran.
The KSE-100 index closed the session at 122,143 points, falling from the previous day’s close of 124,093 points — a sharp drop of 1.57% on a day-on-day basis. This marked one of the largest single-day declines in recent months, as investor sentiment turned bearish across global and regional markets.
Analysts at Topline Securities attributed the negative performance of the KSE-100 index to panic selling triggered by fears of further escalation in the Middle East. “The index remained in the red zone throughout the trading session, following the global market trajectory in reaction to the Israel-Iran conflict,” they noted.
The biggest drag on the index came from major heavyweight stocks including ENGROH PA, FFC PA, LUCK PA, BAHL PA, MEBL PA, SYS PA, and PPL PA. Together, these stocks contributed a combined negative impact of 863 points to the index, underscoring the breadth of the market-wide correction.
In terms of value, the most actively traded scrips included DGKC PA ($6.4 million), MLCF PA ($5.92 million), LUCK ($4 million), OGDC PA ($3.72 million), PSO PA ($3.65 million), and MARI PA ($3.15 million). Despite their volume, they couldn’t resist the overall downward pull of the KSE-100 index.
Trading activity also took a significant hit. The total traded volume dropped by 3.5% day-on-day, reaching 965 million shares, while the traded value declined sharply by 42%, settling at PKR 29.5 billion or approximately $105 million.
Market watchers fear that if the Middle East conflict intensifies, it may lead to further capital outflows and continued volatility in the index. Investors are advised to remain cautious as geopolitical uncertainty continues to weigh heavily on the KSE-100 index and broader market outlook.