PSX Closing Bell: Red Ink Everywhere

June 23, 2025 (MLN): The benchmark KSE-100 Index concluded Monday's trading session at 116,167.47, showing a decrease of 3,855.76 points or 3.21%.

The index traded in a range of 2,911.03 points showing an intraday high of 118,798.51 (-1,224.72) and a low of 115,887.48 (-4,135.75) points.

The total volume of the KSE-100 Index was 196.19 million shares.

The index kicked off today's trading session on a negative note, opening at 118,031.71 with a decline of 1,991.52 points or 1.66%.

At the start of the session, the index traded within a range of 307.15 points, recording a low of 117,987.14 (-2,036.09) points. The total volume for the KSE-100 Index stood at 4.76 million shares.

The steep fall came amid heavy selling pressure at the PSX, triggered by rising geopolitical tensions following the United States’ attack on Iran. This raised concerns among investors, contributing to the market downturn.

Prime Minister Shehbaz Sharif expressed concern over the U.S. strikes, stating that they had targeted facilities operating under the safeguards of the International Atomic Energy Agency (IAEA).

He emphasized that the attacks represented a serious violation of international law and the IAEA Statute.

While acknowledging Iran’s inherent right to self-defence under Article 51 of the UN Charter, the Prime Minister underscored the urgent need for a return to dialogue and diplomacy.

He further called for collective efforts to de-escalate the situation, reiterating Pakistan’s readiness to play a constructive role in promoting peace.

Of the 100 index companies 5 closed up, 93 closed down, while 2 were unchanged.

Top losers during the day were YOUW (-10.97%), PAEL (-9.98%), TRG (-9.86%), PKGP (-9.79%), and MUGHAL (-9.77%).

On the other hand, top gainers were BNWM (+8.75%), FHAM (+1.98%), TPLRF1 (+0.63%), NESTLE (+0.11%), and HGFA (+0.10%).

In terms of index-point contributions, companies that dragged the index lower were ENGROH (-277.38pts), PPL (-230.41pts), LUCK (-195.03pts), OGDC (-181.00pts), and MARI (-170.47pts).

Meanwhile, companies that added points to the index were TPLRF1 (+3.19pts), FHAM (+1.45pts), BNWM (+0.79pts), NESTLE (+0.60pts), and HGFA (+0.09pts).

Sector-wise, KSE-100 Index was let down by Oil & Gas Exploration Companies (-589.70pts), Cement (-589.62pts), Commercial Banks (-509.89pts), Inv. Banks / Inv. Cos. / Securities Cos. (-299.57pts), and Technology & Communication (-297.96pts).

While the index was supported by Modarabas (+1.45pts), Woollen (+0.79pts), Close - End Mutual Fund (+0.09pts), Real Estate Investment Trust (+0.03pts), and Synthetic & Rayon (+0.00pts).

In the broader market, the All-Share Index closed at 72,520.44 with a net loss of 2,436.50 points or 3.25%.

Total market volume was 595.01 million shares compared to 421.64m from the previous session while traded value was recorded at Rs23.49 billion showing an increase of Rs7.84bn.

There were 330,650 trades reported in 467 companies with 56 closing up, 385 closing down, and 26 remaining unchanged.

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