KARACHI — The Pakistan Stock Exchange (PSX) experienced a volatile trading session on Wednesday, with the benchmark KSE-100 Index falling by nearly 800 points as investors engaged in profit-taking during the final hours of trade.
After remaining range-bound for most of the day, the index dropped sharply toward an intra-day low of 166,230.89 before closing at 166,553.27 — down 793.56 points, or 0.47%.
According to brokerage house Topline Securities, the downturn reflected investors’ inclination to secure gains following recent market rallies, with mixed performance across key sectors contributing to the cautious tone.
Losses were led by Fauji Fertilizer Company (FFC), United Bank Limited (UBL), MCB Bank, Habib Bank Limited (HBL), and Fatima Fertilizer, which collectively reduced the index by 647 points. Gains in Pakistan Petroleum Limited (PPL), Oil and Gas Development Company (OGDC), Pakistan Stock Exchange (PSX), Bank of Punjab (BOP), and Sui Northern Gas Pipelines (SNGP) added 306 points, partially offsetting the decline.
On Tuesday, the KSE-100 Index had extended its winning streak for a second consecutive session, gaining 1,103.93 points, or 0.66%, to close at 167,346.83 amid improved investor confidence following the Pakistan–Afghanistan ceasefire agreement.
