PSX Closing Bell: Just a Touch Lower

Mettis Global reported that the KSE-100 finished Tuesday's session 0.48 per cent weaker at 169,600.40, a drop of 825.22 points, as broad-based selling spread across the market. Investors pulled back amid renewed worries about extended Middle East tensions. Crude oil rose for a second consecutive session, adding to pressure on sentiment and appetite for risk.

Intraday, the index moved across a 1,406.12 point band, peaking at 170,944.34 before dropping to a floor of 169,538.22. Market breadth stayed negative, with 75 companies closing lower, 24 higher and one unchanged, while volume reached 183.50m shares. Traded value fell by Rs6.73bn to Rs20.81bn, with 311,760 trades reported across 496 companies.

PGLC was among the sharpest decliners, falling 3.79 per cent, while SSOM led gainers with a 10 per cent surge. Commercial Banks subtracted 216.60 points, the largest sector drag, followed by Oil & Gas Exploration Companies at 147.80 points. The index is down 5.94 per cent in the fiscal year and 2.56 per cent so far this calendar year.