The Pakistan Stock Exchange (PSX) began the week on a turbulent note, with the KSE-100 index losing 482.71 points, or 0.31%, to end at 157,554.66 on Monday, September 22, 2025. Early momentum faded as profit-taking and futures contract rollover pressure pulled the index below the key 158,000 mark.
The index opened on a strong footing, rising to an intraday peak of 158,850.34 by midday. Buying interest centred on banking, cement, and technology stocks. However, selling pressure later in the session dragged the benchmark down to a low of 157,245.73 before the close.
Market performance was mixed across major sectors:
- Top drags: United Bank (-2.5%), Engro Holdings (-1.68%), and Meezan Bank (-1.5%) weighed heavily on the index.
- Top gainers: Pakistan State Oil (+4.22%), Hub Power (+1.87%), and Oil and Gas Development Company (+1.22%) provided partial support.
Out of 485 companies traded, 41 advanced while 58 declined. Total volumes stood at 1.67 billion shares, down from 2.05 billion in the previous session, with a traded value of Rs60.9 billion. K-Electric led activity with 236 million shares, climbing Rs0.35 to Rs6.11.
Market Snapshot – September 22, 2025
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Market Indices – At a Glance:
* KSE-100: Pullers & Draggers
* KMI-30: Pullers & Draggers pic.twitter.com/xKhyGnEcrq
— PSX (@pakstockexgltd) September 22, 2025
On the policy front, FBR Chairman ruled out a mini-budget, assuring no new taxes via a supplementary bill. This eased near-term concerns among investors. Additionally, an upcoming Saudi delegation visit in October is expected to boost trade relations and further support investor confidence.
Read: PSX KSE 100 Ends Week at Record Level Above 158,000
Analysts see 157,000 as strong support and 158,000 as immediate resistance. While futures rollover added pressure, the market’s ability to hold above the support zone reflects underlying resilience, backed by improving earnings and debt management steps.
Despite Monday’s dip, the broader market outlook remains intact. With policy clarity from the government and potential Saudi cooperation, investors anticipate long-term strength. The rollercoaster session reflects caution ahead of global economic data but underscores the resilience of the PSX in holding key levels.