Business

PSX Loses Over 2,500 Points After Below Par EFERT Results Create Panic

Bears came out swinging today, tightening their grip on the market right from the opening bell. Sentiment turned sour after EFERT’s 4Q2025 result fell short of street expectations, posting EPS of Rs. 6.26 with a muted dividend payout (4Q DPS: Rs 4.0).

The disappointment acted as a trigger, shifting momentum decisively in favor of the sellers.

The index remained under relentless pressure throughout the session, nosediving to an intraday low of 4,324 points before closing at 180,512 — down 2,537 points or 1.40 percent.

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Local institutions appeared to lead the selling charge, keeping bulls firmly on the defensive.

The E&P sector took the heaviest hit, with PPL and OGDC alone shaving off 383 points from the index. Meanwhile, EFERT, HUBC, SYS, and BAHL collectively dragged the index down by another 645 points, amplifying the rout.

Top Volumes

SCRIP PRICE HIGH LOW CHANGE VOLUME
KEL 8.22 8.79 8.0 -0.38 176,912,038
CNERGY 7.85 8.19 7.72 -0.31 52,213,728
AMTEX 4.67 5.94 4.55 -0.64 39,738,759
PIBTL 19.39 19.75 18.55 0.38 31,434,560
FNEL 1.5 1.59 1.46 -0.06 30,912,538
WTL 1.65 1.72 1.63 -0.04 29,825,599
EPCL 38.48 39.32 36.15 2.19 27,131,007

On the activity front, volumes remained robust at 873 million shares, with turnover clocking in at Rs. 41.7 billion. KEL dominated the volumes chart, churning 176 million shares.

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Business Desk