Summary Pakistan Stock Exchange reverses early gains as KSE-100 index drops 952 points to close at 166,498, losing the 167,000 level amid selling pressure.
KARACHI (Dunya News) – The Pakistan Stock Exchange witnessed a volatile trading session on Thursday, as early gains were wiped out by sustained selling pressure, pushing the benchmark index into negative territory.
The session began on a strong note, with the KSE-100 Index climbing more than 1,000 points to reach an intraday high of 168,528.
However, momentum quickly reversed during trading, as investors turned cautious and offloaded shares, dragging the market lower throughout the day.
By the close of trading, the KSE-100 index had dropped 952 points to settle at 166,498, falling below the key 167,000 level.
The downturn follows losses in the previous session, when the index had declined by 1,465 points to close at 167,451, reflecting ongoing uncertainty among investors.
Meanwhile, Asian markets showed a mixed performance. South Korea’s Kospi index, Hong Kong’s Hang Seng, and Japan’s Nikkei posted modest gains, while China’s Shanghai Composite and Indonesia’s Jakarta Composite recorded declines.
