KSE-100 index falls 830 points as Pakistan’s benchmark index closed in the red after a volatile trading session at the Pakistan Stock Exchange (PSX).
The index dropped 830.92 points from its previous close of 168,893.08 to settle at 168,062.16. During the session, it swung between an intraday high of 169,379.97 and a low of 165,811.87.
In early trading, the market plunged more than 1,000 points. Although it recovered partially by midday, selling pressure returned before the close.
Trading activity remained steady. Total volumes reached 222,442,620 shares, with a traded value of Rs18,971,818,996.
Unity Foods Limited led the volumes chart. The stock declined 9.96 per cent to Rs10.67 on 50,304,604 shares. First National Equities Limited gained 1.32 per cent to Rs1.54 on 36,245,681 shares. Meanwhile, the Bank of Punjab slipped 0.35 per cent to Rs 31.70 on 30,604,655 shares.
Among the top gainers, Gulistan Spinning Mills Limited rose 19.42 per cent to Rs6.15. Media Times Limited climbed 11.04 per cent to Rs6.54, and Paramount Spinning Mills Limited added 10.77 per cent to Rs5.76.
On the downside, LOADS Limited (Right) plunged 37.5 per cent to Rs0.40. Gulshan Spinning Mills Limited fell 10.21 per cent to Rs4.22, while Escorts Investment Bank Limited declined 10.01 per cent to Rs21.57.
Read: PSX KSE-100 Index Decline Deepens Amid Bond Yields and Tariff Fears
The market dip coincided with escalating tensions following Pakistan’s launch of Operation Ghazab lil-Haq after reported cross-border firing.
In the previous session, the benchmark index had rebounded by 4,266.79 points after sustained selling earlier in the week.
