Heavy Selling Pushes KMI-30 Index Down to 204,708 Points at Pakistan Stock Exchange

The KMI-30 Index at the Pakistan Stock Exchange recorded a steep decline during Monday’s trading session as major stocks pulled the Shariah-compliant benchmark sharply lower.

The trading session began with the index opening at 211,431.45 points.

Early market activity remained relatively stable, allowing the index to briefly reach an intraday high of 212,160.93 points.

However, the positive momentum quickly faded as selling pressure began to increase in several major stocks.

Throughout the trading session, the index continued to slide and eventually reached its intraday low of 204,708.56 points.

At the close of the market, the KMI-30 Index settled at 204,708.56 points, recording a decline of 14,647.92 points, which represents a 6.52 percent drop.

Despite the significant decline, trading activity remained steady.

Data shows that the index constituent volume reached around 136.40 million shares, indicating strong participation by investors during the session.

Several key companies contributed significantly to the market’s downward movement.

Among them, FFC had the largest impact by dragging the index down 2,551.97 points.

Another major contributor was ENGROH, which reduced the index by 1,812.93 points.

Meanwhile, LUCK and HUBC also had a substantial negative effect on the index, contributing -1,651.09 and -1,630.76 points, respectively.

In addition, SYS reduced the index by 958.77 points, further adding to the downward pressure.

These major companies collectively accounted for most of the decline in the index.

Looking at broader performance indicators, the Fiscal Year-to-Date performance of the KMI-30 Index currently stands at 13.60 percent, showing that the market has still delivered gains over the fiscal year.

However, the Calendar Year-to-Date performance is negative at -15.49 percent, reflecting the challenging market environment during the early months of 2026.

The KMI-30 Index is an important benchmark for investors seeking Shariah-compliant investments.

It tracks the performance of 30 companies listed on the Pakistan Stock Exchange that meet Islamic financial criteria.

Market experts often view the index as an indicator of investor sentiment in Pakistan’s Islamic equity market.

As trading continues in the coming sessions, investors will be observing how the market responds to ongoing financial developments and whether the index begins to recover from the recent decline.