Profit-taking erodes PSX gains; KSE-100 Index falls 294 points

PSX KSE-100

Karachi, December 16, 2025 — The Pakistan Stock Exchange (PSX) saw profit-taking on Tuesday, which offset early gains and led to a decline of 294 points in the benchmark KSE-100 index. The index closed at 170,447 points, down from Monday’s finish of 170,741 points.

Analysts noted that the market began the session on a positive note, buoyed by the State Bank of Pakistan’s decision to cut the policy rate by 50 basis points to 10.5%. The rate reduction initially boosted investor sentiment, pushing the benchmark index to an intraday high of 1,185 points amid broad-based buying activity.

However, the optimism was short-lived as investors began locking in profits in the latter part of the session. Profit-taking erased most of the early gains, pulling the index down to an intraday low of 549 points before the market finally closed at 170,447—a decline of 0.17%, signaling a cautious end to the trading day despite supportive monetary policy signals.

Key contributors to the rally included heavyweights such as UBL, BOP, NBP, KAPCO, and KTML, which collectively added approximately 471 points to the index. On the other hand, FFC, SYS, PPL, DHPL, and OGDC exerted downward pressure, removing a combined 538 points from the benchmark.

Market activity remained robust, with total traded volumes reaching 1,734 million shares and overall turnover climbing to Rs53.4 billion. PIBTL emerged as the most actively traded stock of the day, with trading volumes of 101 million shares, reflecting strong investor participation despite a mixed market trend.

The session highlighted a balance between bullish sentiment from the rate cut and cautious investor behavior through profit-taking, keeping the market volatile yet active.