Pakistan stock market swings, KSE-100 closes in negative zone
Business
The Pakistan Stock Exchange saw a rollercoaster trading session on Wednesday, with the KSE-100 Index hitting a record high before closing in the negative zone amid sudden market weakness.
KARACHI (Dunya News) – The Pakistan Stock Exchange experienced a turbulent session on Wednesday, with the benchmark KSE-100 Index swinging between gains and losses before closing in the red.
The trading day began on a positive note, with the index surging over 800 points to reach a record intraday high of 189,523 points, giving investors a glimmer of optimism.
However, market sentiment soon took a turn, and selling pressure dominated trading for the remainder of the day. By the close, the KSE-100 Index had fallen 1,588 points, ending the day at 187,933 points — a dip from the previous session’s close of 188,621 points.
Trading volume remained robust, with over 70.3 million shares exchanged at a total value of Rs 5.3 billion, reflecting active participation from both local and institutional investors.
Market analysts noted that while the day started with enthusiasm, the sudden pullback served as a reminder that “what goes up must come down,” urging investors to “keep their eyes on the ball” amid global and domestic market pressures.
The session highlighted the market’s volatile nature, where gains and losses can be just a heartbeat apart, reinforcing the need for careful strategy and timing in trading.