Karachi, June 5, 2025 — The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) witnessed a modest decline of 158 points on Thursday, as investors opted to book profits ahead of the extended Eid-ul-Adha holidays.
The index settled at 121,641 points, down from its all-time high closing of 121,799 points recorded a day earlier.
Market participants exhibited a cautious stance during the session, with traders choosing to lock in recent gains amid expectations of low activity during the Eid break. According to analysts at Topline Securities Limited, the PSX saw a range-bound trading session following a strong buying spree in recent days. The KSE-100 index moved between an intraday high of +483 points and a low of -281 points before closing in the red, down by 0.13%.
Despite the overall dip, some heavyweight stocks made a notable positive impact. ENGROH, PKGP, SRVI, COLG, and KEL contributed a combined 403 points to the index. Conversely, the drag came from MEBL, SYS, FFC, BAHL, and LUCK, which collectively pulled the index down by 320 points.
In terms of trading activity, UNITY led the chart with a traded value of PKR 1.67 billion, followed by ENGROH (PKR 1.24 billion), KEL (PKR 1.03 billion), SERAL (PKR 847 million), and TRG (PKR 785 million). The overall volume and value of shares traded at the PSX stood at 857 million shares and PKR 25.78 billion, respectively.
Market sentiment is expected to remain muted until after Eid, as investors take a breather and assess macroeconomic developments post-holiday. The PSX has seen a surge in investor confidence in recent weeks, but the Eid lull may bring a temporary pause to the momentum.
The PSX will remain closed for Eid holidays starting Friday, with trading expected to resume early next week. As Pakistanis prepare for Eid celebrations, market watchers anticipate a potential return of bullish sentiment once normal activity resumes at the PSX.