PSX Market Wrap: KMI-30 Index Closes Lower Despite Positive Contributions from ATRL and MTL

The Pakistan Stock Exchange experienced a challenging trading session on March 6, 2026 as the KMI-30 Index recorded a sharp fall by the end of the day.
The index opened trading at 230,851.30 points and briefly maintained that level before selling pressure began to dominate the market.
As the day progressed, the index moved downward and eventually reached a low of 223,671.87 points.
By the close of trading, the benchmark KMI-30 Index settled at 224,687.33 points.
This represents a decline of 5,909.78 points or approximately 2.56 percent compared to the opening level.
Market observers said the drop was largely due to heavy losses in several major companies that carry significant weight in the index.
The largest negative impact came from Engro Holdings, which alone reduced the index by more than 1,067 points.
Lucky Cement was the second-largest dragger with a contribution of negative 684.81 points.
Hub Power Company also contributed to the decline by pulling the index down by nearly 588 points.
Other companies that weighed on the market included Meezan Bank Limited and Systems Limited, which together reduced the index by more than 1,100 points.
Despite the overall negative performance, a few stocks helped cushion the decline.
Attock Refinery Limited emerged as the biggest positive contributor during the session, adding 92.63 points to the index.
Millat Tractors Limited also supported the market with a gain of more than 36 points.
Sui Southern Gas Company added a smaller but positive contribution of 13.39 points.
According to trading statistics, the total volume of index constituents reached about 101.59 million shares, indicating continued investor participation in the market.
Although the market recorded losses during the session, the broader performance of the index remains strong over the fiscal year.
The financial year-to-date return stands at 21.53 percent, reflecting significant gains achieved in previous months.
However, the index has declined by about 9.60 percent since the start of the calendar year.
Financial experts believe that short-term fluctuations are a normal part of stock market activity and investors should maintain a balanced approach while making investment decisions.
They also advised investors to monitor economic indicators, government policies, and corporate earnings reports, which often play a major role in shaping market trends.
As Pakistan’s capital market continues to evolve, analysts expect the Pakistan Stock Exchange to remain an important hub for investment and economic growth in the country.