The Pakistan Stock Exchange (PSX) ended the session in red, with the benchmark closing at 173,150 points, down 1,303 points (-0.75%), as persistent foreign corporate selling kept investors cautious. Despite an intraday high of +1,677 points, aggressive offloading in heavyweight stocks drove the index lower.
PSX Top Stocks Performance
Key constituents including PSO, HBL, ENGROH, UBL, FFC, and NBP collectively erased 892 points, while OGDC, PPL, MTL, and BOP provided partial support, adding 359 points. K-Electric (KEL) led trading volumes with over 122 million shares exchanged. Total market turnover reached Rs40.4 billion, reflecting strong trading activity despite the negative close.
| Stock | Price (PKR) | High | Low | Change | Volume |
|---|---|---|---|---|---|
| KEL | 7.82 | 8.20 | 7.67 | -0.31 | 122,541,564 |
| BOP | 34.12 | 35.45 | 30.02 | +0.87 | 79,835,860 |
| WTL | 1.52 | 1.57 | 1.51 | -0.01 | 35,505,622 |
| CNERGY | 7.47 | 7.75 | 7.32 | -0.15 | 28,684,833 |
| PIBTL | 19.51 | 19.70 | 18.81 | +0.52 | 24,906,035 |
| FNEL | 1.38 | 1.45 | 1.35 | -0.03 | 20,184,610 |
| NCPL | 78.77 | 79.62 | 75.15 | +0.18 | 15,476,473 |
PSO Earnings Pressure Market
Pakistan State Oil (PSO) announced its 2QFY26 results, posting a profit of Rs2.7 billion (EPS: Rs5.82), below market expectations due to inventory losses and higher effective taxes. The results contributed to selling pressure in index-heavy stocks.
Analysts noted heightened volatility during the session, indicating a cautious stance among investors. While volumes remained high at 716 million shares traded, the market’s performance highlights sensitivity to foreign corporate actions and earnings surprises.
