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PSX KSE-100 Falls 385 Points Amid Profit-Taking, Fertilizer Stocks Provide Limited Support

Web Desk 3 months ago 0



The Pakistan Stock Exchange (PSX) witnessed a cautious trading session on Tuesday as the benchmark KSE-100 Index ended lower, losing nearly 385 points amid profit-taking in key heavyweight stocks.
According to the official market summary, the index opened at 188,775.66 points and climbed to an intraday high of 189,521.32 during early trading. However, sustained selling pressure dragged the market down to a low of 187,538.23 before it finally settled at 188,202.86.
By the close, the benchmark recorded a decline of 384.80 points, translating into a 0.20% negative change.
Trading Activity
Market participation remained healthy, with 341.59 million shares traded among index constituents, indicating steady investor engagement despite the cautious sentiment.
Top Gainers
Fertilizer and banking stocks helped limit deeper losses:
FFC (+604.47 points)
MEBL (+115.67)
PPL (+84.08)
SYS (+82.88)
BAFL (+62.71)
Analysts said buying in these counters reflected confidence in earnings stability and dividend potential.
Stocks That Weighed on the Market
Heavyweights in fertilizer, energy and cement sectors pulled the market lower:
ENGRO (-299.74)
EFERT (-173.94)
HUBC (-164.03)
LUCK (-134.21)
MCB (-84.54)
Experts believe institutional profit-booking caused the downturn.
Outlook
Despite the day’s dip, the KSE-100 remains strong with 49.81% fiscal year gains and 8.13% calendar year growth, suggesting the broader trend remains positive.

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