RECORDER REPORT

KARACHI: Pakistan Stock Exchange (PSX) closed lower following profit taking on the last trading day of the year (2025).

The benchmark KSE-100 Index decreased by 418.45 points to settle at 174,054.32 points on Wednesday down from 174,473 points on Tuesday. During the session, the benchmark index crossed 175k mark and touched an intraday high of 175,232.90 points, however later closed at negative.

On Wednesday, BRIndex100 opened at 18,598.10 points and finally closed at 18,546.40 points which was 51.7 points or 0.28 percent lower than previous close. Total volume at BRIndex100 was 754.465 million shares.

BRIndex30 also lost 439.48 points from 60,210.78 points to close at 59,771.30 points with total share trading volume of 493.755 million.

Analysts said that profit taking was the theme of the day, as the index after largely trading in the negative zone during the trading session Cements led the decline in the market which can be attributed to expansion announced by DGKC PA, as the company informed that it has established LC for setting up Pakistan’s largest single Clinker production line of 11,000 tons per day (Brownfield), investors fear that this may lead to other companies to follow suit and announce expansions which may result in price wars, they added.

The market capitalization also declined by Rs 2.7 billion to Rs 19.690 trillion. Out of 481 actives scrips, 221closed in positive and 223 in negative while the value of 37 stocks remained unchanged. Market activity at the ready counter rose to 957 million shares on Wednesday compared to 842.5 million shares traded a day earlier.

K-Electric Ltd. was the volume leader with 96 million shares and closed at Rs 5.93 followed by PIA Holding Company that closed at Rs 32.72 with 61.8 million shares. Pak Int.Bulk ranked third with share trading of 47.66 million shares and it closed at Rs 18.83.

PIA Holding Company LimitedB and Rafhan Maize Products Company Limited were the top gainers increasing by Rs 1,776.42and Rs 119.76 respectively to close at Rs 19,540.58 and Rs 10,058.37, while Hafiz Limited and Premium Textile Mills Limited were the top losers declining by Rs 48.23 and Rs 43.04 respectively to close at Rs 483.27 and Rs 450.23.

Top Negative contribution to the index came from LUCK PA, FFC PA, NBP PA, DGKC PA, CHCC PA & FCCL PA, as they cumulatively contributed -592 points to the index.

The BR Automobile Assembler Index closed at 24,459.27, recording a strong gain of 327.19 points, up 1.36 percent, with a turnover of 1.73 million shares. The BR Cement Index ended at 13,730.12, down 318.71 points, or 2.27 percent, with a turnover of 72 million shares.

The BR Commercial Banks Index closed at 52,440.39, fell 20.04 points, or 0.04 percent, with a turnover of 49.05 million shares. The BR Power Generation and Distribution Index settled at 27,350.94, declining by 138.33 points, or 0.50 percent, with a turnover of 111 million shares.

The BR Oil and Gas Index closed slightly higher at 14,923.76, up 1.95 points, or 0.01 percent, with a turnover of 43.17 million shares. Meanwhile, the BR Technology and Communication Index ended at 4,303.13, gaining 14.24 points, or 0.33 percent, with a turnover of 133.36 million shares.