Stocks plunge 1,511 points amid selling pressure in global equities

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KARACHI: Stocks of stocks were seen on Monday. The benchmark KSE-100 Index dropped 1,511 points, which put pressure on the global equity because of Trump’s close trade partners.

The SE -100 index of the Pakistan Stock Exchange (PSX) benchmark decreased 114,255.73 points in the last session, 1,510.72 points, or 1.32 percent, 112,745.01 points. The highest index of the day was 114,620.79 points, while the lowest level was recorded at 112,681.34 points.

Arif Habib Corporation analyst Ahsan Mahani said, “Despite CPI inflation despite CPI inflation despite CPI inflation at 2.4 percent Yoy in January 2025, despite CPI inflation, despite CPI inflation. Careful SBP policy on CPI inflation was easily shut down the stock between selling pressure in the global equity on Trump tariff levies. “

He said that this month, the results of the IMF review, the volatility of the rupee, the political noise and uncertainty, which is favorable to the tax collection goals, played a leading role in the recession activity.

The KSE -30 index decreased by 509.91 points or 1.42 percent to 35,869.52 points to 35,359.61 points.

The shares of the trade declined 142 million shares by 401.456 million shares by 543.124 million shares. The commercial value dropped from Rs 27.973 billion to Rs 20.351 billion. Market Capital was Rs 13.933 trillion against Rs 14.053 trillion. Of the 450 companies operating in the session, 137 closed in green, 262 red, and 51 changed.

Topline Securities analyst Mazl Millah said the KSE 100 Index showed the trend in the global markets, and negatively reacted to the news that US President Donald Trump sweeps on goods from Mexico, Canada and China. The tax was ordered. “The announcement has created an impressive effect in international markets, and the local market followed it,” he said.

“Investors’ emotions were influenced by growing concerns over widespread trade tensions and potential impact on global economic stability. As a result, the KSE -100 followed the international market lead, in which There were significant disadvantages in different fields.

On the domestic front, Pakistan’s consumer Price Index (CPI) for January 2025 was recorded at 2.41 %, the lowest level in 111 months (over nine years), compared to 4.1 % in December 2024, a Provides short positive notes. Wider market decline. Key partners in the negative performance of the index included Anjroah, Mari, FFC, SYS and PPL, which collectively cause 769 points loss.

The highest increase was recorded in Unilateral Pakistan Foods Limited, which increased from Rs 77777777777 to Rs 22,383.33 per share, followed by Sezigar Engineering Works Limited, which increased by Rs 39.19 to Rs 1,062.95. – A significant reduction was noted in Neelam Fibers Limited, which was reduced by Rs 68.45 to Rs 1,060.55 per share. Rafan Maize Product Company Limited followed it, which was reduced from Rs 65.30 to Rs 9,483.33 per share.

JS Global analyst Mohammad Hassan Athar said that the SE -100 index on Thursday has witnessed significant pressure from sale. “Political uncertainty, especially around the PTI planned rally, plays an important role in this misery.” “Nevertheless, domestic liquidity remains an important driver.”

“Careful trade is suggested from the point of view, which contains potential opportunities for low -cost energy stocks between the fluctuations,” he said.

The World Call Telecom was the volume leader with 26.261 million shares, which closed at Rs 1.63 per share by a PAISA. Bo Punjab, with 24.695 million shares, followed it, which closed at Rs 10.23 per share by 12 money.

The other important business includes Ghani Chemicals, Kanarazico PK, Fauji Cement, Pak Refinery, Electric Limited, Sidaxon Tin, City Pharma Limited, and the National Bank XD.

In the futures market, 320 companies recorded trading, of which 85 increased, 231 declined and 4 did not change.