Karachi, December 23, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) closed lower on Tuesday, shedding 130 points amid volatile and choppy trading as investors remained cautious during rollover week.
The KSE-100 index settled at 171,074 points, down from the previous session’s close of 171,204 points, marking a marginal decline of 0.08%. Market participants largely stayed on the sidelines, opting for selective buying and profit-taking as uncertainty dominated sentiment.
According to analysts at Topline Securities Limited, the local bourse witnessed a range-bound session, primarily due to rollover-week adjustments that restrained aggressive positions. The benchmark index fluctuated sharply during the day, touching an intraday high of 171,867 points—up by 663 points—before slipping to a low of 170,969 points, reflecting swings of investor confidence throughout the session.
Analysts noted that activity remained selective as investors reshuffled positions, which limited any meaningful upside in the broader market. Meanwhile, attention remained firmly focused on Pakistan International Airlines (PIA), as the government’s move to offload a major liability continued to be closely monitored by market participants for its potential fiscal and economic implications.
On the sectoral contribution front, HBL, KOHC, UBL, PTC, and DCR collectively added 324 points to the index. However, losses in heavyweight stocks such as ENGROH, FFC, SYS, and LUCK wiped out 308 points, keeping the benchmark index in negative territory by the close.
Market participation remained subdued, with total volumes clocking in at 648 million shares, while market turnover stood at Rs28.23 billion, highlighting cautious investor engagement amid prevailing uncertainty.