On July 9, 2025, the Pakistan Stock Exchange (PSX) saw the KSE-100 Index drop 826 points, or 0.62%, closing at 132,577 after a volatile session marked by profit-taking.
The KSE-100 Index reached an intra-day high of 133,566 but then declined to a low of 132,326, ultimately closing at 132,577, down by 826 points. Trading volumes decreased to 905.7 million shares, compared to 1.2 billion shares traded on Tuesday, with a total value of ₨30.5 billion. Out of 478 companies traded, 200 stocks increased in value, 254 decreased, and 24 remained unchanged. TPL Properties had the highest trading volume, with 66 million shares traded.
Topline Securities reported that the decline in the market was due to profit-taking in major stocks. Key players, including Fauji Fertiliser Company, Engro Holdings, Bank AL Habib, Pakistan State Oil, and HBL, contributed to a 397-point drop in the index. This consolidation phase followed a remarkable 60% rally in FY25, driven by a decline in inflation to 3.2% and the availability of $14.5 billion in reserves.
Read: Pakistan’s KSE-100 Hits 134,200 Peak but Closes Flat
The correction in the Pakistan Stock Exchange (PSX) follows a record peak of 134,200 reached on Tuesday, driven by fiscal reforms and $3.4 billion in remittances received in June 2025. Topline Securities projects a return of 27.4% for FY26, with support levels between 132,000 and 133,000. However, risks such as threats of U.S. tariffs and monsoon flood alerts continue to loom. The market, which accounts for 85% of the PSX’s $100 billion market capitalisation, remains a crucial economic indicator for the 220 million people in Pakistan.
