Karachi: The Pakistan Stock Exchange (PSX) opened in the red on Friday, with the KSE-100 index losing 1,716.51 points, or 0.95%, by 11:00 am. The benchmark index fell from Thursday’s close of 180,512.64 points, reflecting early intraday selling pressure.
Top Movers on PSX
Among the top active stocks, K-Electric Limited saw gains of 2.19% to close at Rs8.40, trading a volume of 32,163,790 shares. Hum Network Limited jumped 10.01% to Rs12.20 on 27,375,937 shares, while Pakistan International Bulk Terminal increased 0.83% to Rs19.55 with 23,299,378 shares traded.
In terms of advancers, LSE Capital Limited led with a 41.53% surge to Rs2.59, followed by 786 Investments Limited, up 10.02% to Rs16.25, and Apna Microfinance Bank Limited, rising 10.02% to Rs21.74.
The top decliners included Ahmad Hassan Textile Mills Limited, falling 9.86% to Rs76.11, Shadman Cotton Mills Limited, down 7.71% to Rs48.02, and Saritow Spinning Mills Limited, declining 7.64% to Rs28.77.
Market Sentiment and Volatility
The bearish opening comes after Engro Fertilizer’s Q4 2025 results fell short of market expectations, causing a shift in momentum in favor of sellers, according to Topline Securities. Analysts suggest investors are closely monitoring whether the downward trend will continue in upcoming trading sessions.
The market remains volatile as traders react to earnings reports and macroeconomic indicators, making risk management a key consideration for investors.