KARACHI: The Pakistan Stock Exchange (PSX) experienced a significant downturn on Tuesday, as the KSE-100 Index fell by 3,667.90 points, or 2.27%, marking the sharpest decline in recent sessions. The index settled at 157,870.50, driven by renewed geopolitical tensions and concerns over the country’s fragile security situation.
The selling pressure persisted throughout the trading day as investors adopted a cautious stance in light of external developments. The benchmark index reached an intra-day low of 157,765.92 before closing the session in negative territory.
Market analysts attributed the decline to ongoing political uncertainty, particularly after the Senate passed “The Constitution (Twenty-seventh Amendment) Bill, 2025,” which was tabled by Minister for Law and Justice Senator Azam Nazeer Tarar in the National Assembly for further amendments to the Constitution. Investor sentiment was further soured following a bomb blast outside the district and sessions court in Islamabad’s G-11 area.
The downturn came just one day after a strong rally in the market, with the KSE-100 Index surging 1,945.50 points, or 1.22%, amid improved investor optimism and increased trading volumes.
The Pakistani rupee showed slight gains against the US dollar, appreciating by 0.01% in the inter-bank market. It closed at 280.78, up by Re0.03.
Trading volume on the all-share index increased to 836.42 million shares, with a total value of Rs38.08 billion. F. Nat. Equities led the volume chart with 77.17 million shares, followed by K-Electric Ltd and WorldCall Telecom with 66.87 million and 46.81 million shares, respectively.
A total of 484 companies were traded on Tuesday, with 79 showing gains, 364 declining, and 41 remaining unchanged.
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