The Pakistan Stock Exchange (PSX) experienced a modest decline on Thursday, with the benchmark KSE-100 index falling 0.30%. Investor sentiment remained cautious due to a lack of major positive triggers to drive the market.
The index closed at 159,096.79, down 481.40 points. Trading was characterised as lacklustre and range-bound, with investors opting for a wait-and-see approach.
In a significant development, the global index provider MSCI announced the results of its latest review. Three Pakistani banks were added to its Frontier Market (FM) Standard Index: Meezan Bank, The Bank of Punjab (BOP), and Askari Bank. No stocks were deleted.
This update takes effect on November 24, 2025. The changes are closely watched by international investors and can influence foreign fund flows into the included stocks.
Read: PSX KSE-100 Surges 1,171 Points as Institutional Investors Rally
The trading session was volatile. The market opened positively and reached an intraday high before succumbing to selling pressure. It later recovered some of the losses but was unable to sustain momentum.
Major contributors to the index’s decline included United Bank Limited (UBL), Meezan Bank, and Oil and Gas Development Company (OGDC).
Overall trading volume increased to 957.3 million shares, indicating active participation despite the negative close. Bank Makramah led the volume chart with 93 million shares traded.The Pakistan Stock Exchange (PSX) saw a slight decline on Thursday, with the benchmark KSE-100 index decreasing by 0.30%. Investor sentiment remained cautious due to the absence of significant positive triggers to boost the market.