Islamabad, June 23, 2025: The Pakistan Stock Exchange (PSX) witnessed a sharp downturn at the start of trading on Monday as the KSE-100 index plunged over 2,000 points, following global panic triggered by a reported US military strike on Iran’s nuclear facilities. The benchmark index fell by 1.71 percent to touch 117,977 points within minutes of the opening bell.
By 9:32 AM, the KSE-100 index had dropped 2,046 points, with sentiment across the market visibly rattled. The situation slightly stabilized by 9:55 AM, with the index climbing back to 118,778 points, reflecting a reduced loss of 1,244 points or 1.04 percent.
In the first 20 minutes of trading, nearly 69 million shares changed hands, with a trading volume of Rs. 2.61 billion, indicating high volatility and investor unease. A total of 369 companies were active, with only 77 registering gains, 280 recording losses, and 12 remaining unchanged.
Major drag on the index came from high-volume scrips including WTL, PASL, PIAHCLA, and KEL, while SSGC emerged as one of the few to post a positive change.
Notable Market Movers:
| Scrip | Price (Rs.) | High | Low | Change | Volume |
|---|---|---|---|---|---|
| WTL | 1.41 | 1.42 | 1.38 | -0.04 | 10.46M |
| SSGC | 43.7 | 43.9 | 42.0 | +0.7 | 4.12M |
| PASL | 2.61 | 2.69 | 2.31 | -0.23 | 3.37M |
| PIAHCLA | 21.12 | 21.76 | 20.5 | -0.94 | 2.01M |
| KEL | 5.04 | 5.08 | 4.91 | -0.09 | 1.83M |
| CNERGY | 6.97 | 6.99 | 6.80 | -0.14 | 1.74M |
| KOSM | 5.36 | 5.47 | 5.13 | -0.18 | 1.70M |
The sharp decline reflects rising geopolitical tensions and investor fears of a wider regional conflict. Market analysts predict continued volatility in the coming days, especially if further international developments emerge.
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