The Pakistan Stock Exchange (PSX) concluded Monday’s trading on a subdued note. The benchmark KSE-100 index closed slightly lower as investor sentiment remained cautious. A lack of strong market triggers led to range-bound activity and selective positioning.
The index experienced a narrow trading band. It touched an intraday high of 172,167 and a low of 170,859. This reflected a lack of strong directional conviction among participants. Subsequently, the KSE-100 closed at 171,204.18 points. This represented a 200-point decline, or 0.12%, from the previous session’s close.
Sectoral performance was mixed. Notable selling pressure emerged in banking, fertiliser, energy, cement, and power sectors. However, selective buying interest supported stocks in the investment and food sectors. Major decliners included Habib Bank, United Bank, Fauji Fertiliser, and Pakistan State Oil. Conversely, Lucky Cement, Engro Holdings, and Rafhan Maize Products were among the gainers.
Read: PSX Today: KSE-100 Slips Marginally as Market Consolidates
Despite the marginal decline, market participation remained reasonable. The all-share volume was recorded at 684.5 million shares. This was lower than the previous session’s 797.5 million but indicated sustained liquidity.
A total of 486 companies traded at the exchange. Of these, 143 advanced, 288 declined, and 55 closed unchanged. K-Electric led the volume chart with 112.7 million shares traded. The broader market outlook remains constructive, supported by improving macroeconomic conditions after the State Bank of Pakistan’s recent policy rate cut.
Even so, near-term activity is likely to stay cautious, as the ongoing rollover week and a shortened trading schedule keep investors in wait-and-see mode