KSE-100 index slips 119 points amid cautious, range-bound trading

PSX KSE-100

Karachi, November 24, 2025 – The Pakistan Stock Exchange (PSX) witnessed another day of subdued activity on Monday, with the benchmark KSE-100 Index closing lower by 119 points as investors adopted a cautious stance ahead of the November futures contract expiry.

The index settled at 161,984 points, down from Friday’s closing level of 162,103 points, reflecting a narrow trading band throughout the session.

Market analysts at Topline Securities noted that investor sentiment remained largely muted due to ongoing uncertainty in the domestic landscape. Concerns over the law-and-order situation in Peshawar contributed to a soft opening, pulling the index to an intraday low of 161,241 points. However, selective buying in key blue-chip stocks later in the day provided some support, helping the index recover part of its losses after briefly touching an intraday high of 162,385 points.

Despite overall weakness, several heavyweight stocks offered upward momentum. FFC, ENGRO, PIOC, BAHL and HBL together added 499 points to the benchmark, cushioning the broader market from deeper losses. On the flip side, selling pressure in major exploration and financial sector counters — including MARI, OGDC, MEBL, POL and PPL — collectively dragged the index down by 347 points.

Trading activity remained moderate, with overall market participation reaching 489 million shares, while the total traded value stood at Rs 23 billion. PIAHCLA emerged as the volume leader, delivering 63.2 million shares, highlighting continued investor interest in select high-liquidity stocks.