The Pakistan Stock Exchange (PSX) closed Tuesday’s trading session slightly lower as the benchmark KSE-100 Index settled at 188,202.85 points, marking a decline of 384.81 points (-0.20%) amid selective selling in heavyweight sectors.

The market witnessed intraday volatility, with the index fluctuating within a range of 1,983 points. It touched an intraday high of 189,521.32 points during early trade before sliding to a low of 187,538.23 points as selling pressure intensified in cement, power generation, and investment-related stocks.

Trading activity remained moderate, with 341.59 million shares exchanged in the KSE-100 Index. Market breadth stayed negative, as 65 index companies closed lower, 34 advanced, and one remained unchanged, reflecting cautious investor sentiment.

Selling pressure was led by cement, investment companies, power generation, oil marketing, and pharmaceutical stocks, which collectively dragged the index into negative territory. Key laggards included GADT, DHPL, HCAR, KOHC, and EFERT, as investors opted for profit-taking after recent rallies.

On the positive side, fertilizer and selected banking stocks provided partial support to the benchmark. FFC, PSEL, BAFL, SYS, and MTL emerged as the top gainers, benefiting from renewed institutional interest.

From an index-point perspective, ENGROH, EFERT, HUBC, LUCK, and MCB were the largest contributors to the downside. Meanwhile, strong gains in FFC, MEBL, PPL, SYS, and BAFL helped cushion losses and prevented a deeper correction.

Sector-wise analysis showed that the index was weighed down primarily by Cement, Investment Companies, Power Generation & Distribution, Oil & Gas Marketing Companies, and Pharmaceuticals. Conversely, Fertilizer, Commercial Banks, Oil & Gas Exploration, Technology & Communication, and Textile Composite sectors provided notable support.

In the broader market, the All-Share Index closed at 112,423.22 points, down 79.96 points (-0.07%). Overall market activity declined, with total volume falling to 749.25 million shares, while traded value dropped to Rs53.06 billion.

Despite the day’s marginal decline, the market continues to reflect strong longer-term momentum. The KSE-100 Index has gained 62,576 points (49.81%) during the ongoing fiscal year, while it remains up 14,149 points (8.13%) in the calendar year so far, indicating sustained bullish undertones amid short-term volatility.