Karachi, September 12, 2025 – The Pakistan Stock Exchange (PSX) closed the week on a bearish note as the benchmark KSE-100 index suffered a sharp downturn in Friday’s session.
The index plunged by 1,701 points, settling at 154,440 compared to the previous day’s closing of 156,151.
Market analysts attributed the steep fall to mounting concerns over the rising cost of leverage in the Margin Trading System (MTS) and the futures market. According to Topline Securities, the KSE-100 index slipped by 1.09%, signaling investor caution amid heightened volatility.
Heavyweight stocks contributed significantly to the negative momentum. Major draggers included United Bank Limited (UBL), Fauji Fertilizer Company (FFC), Engro Holdings (ENGROH), Hub Power Company (HUBC), and Lucky Cement (LUCK). Together, these five scrips wiped off nearly 900 points from the index, intensifying the bearish trend.
On the trading activity front, National Bank of Pakistan (NBP) dominated in value terms with PKR 2.28 billion worth of transactions. It was followed by Pakistan Petroleum Limited (PPL) at PKR 1.12 billion, HUBC at PKR 1.08 billion, Pakistan State Oil (PSO) at PKR 912 million, and Maple Leaf Cement Factory (MLCF) at PKR 867 million.
Overall, the market recorded a robust turnover, with traded volume reaching 985 million shares while the traded value was reported at PKR 39.86 billion. Despite strong participation, the sharp decline underscored prevailing uncertainty, with investors closely monitoring both domestic and global economic signals that continue to impact the PSX.