Loading weather…
Breaking News

PSX Stays Green Despite Early Rally Losing Momentum

The Pakistan Stock Exchange (PSX) began Wednesday’s session on October 8, 2025, with strong momentum, but early gains could not hold for long. The benchmark KSE-100 index opened on a positive note, rising 252.83 points to reach 166,426.57 at around 9:34 AM, supported by renewed investor buying. Trading volumes stood at more than 7.2 million shares during the initial rally.

However, the market soon lost steam. The index dropped sharply by 931.77 points to 165,241.97 as selling pressure increased and overall volumes climbed to 25.1 million shares. Despite the pullback, the index managed to recover slightly later in the session, remaining green despite early rally volatility.

By 10:09 AM, the KSE-100 index was up 42.08 points at 166,215.82, showing a small gain of 0.03 percent. The session recorded a high of 166,426.57 and a low of 165,241.97, reflecting intraday uncertainty.

In broader terms, the PSX continues to show resilience. Over the past year, the index has surged by 94.03 percent, while the year-to-date rise stands at 44.38 percent. The benchmark had closed Tuesday’s session at 166,173.74 after a 0.94 percent decline. Despite recent fluctuations, the market remains green despite early rally pressures.

Top gainers in early trading included First Credit and Investment Bank Limited (FCSC), up 21.41 percent to Rs5.67, and Trust Corporation Preference Shares (TCORPCPS), which climbed 12.38 percent to Rs8.99. Frontier Ceramics Limited (FECM), First Treet Manufacturing (FTSM), and Blessed Textiles (BECO) also gained around 10 percent each.

Among the top decliners were Gem Blue X (GEMBLUEX), down 10 percent to Rs58.88, and BILF, which slipped 7.33 percent to Rs37.15. Quetta Textile Mills (QUET) also declined 6.29 percent to Rs15.05.

Blue-chip stocks within the KSE-100 index showed mixed performance. Oil and Gas Development Company (OGDC), Habib Bank (HBL), and Lucky Cement (LUCK) traded slightly lower, while Pakistan Telecommunication Company (PTC) rose 3.53 percent to Rs32.24 and Attock Petroleum Limited (APL) gained 3.72 percent to Rs565.00.

Despite brief selling waves, the market’s underlying sentiment remained positive, keeping the PSX green despite early rally setbacks and signaling continued investor confidence in Pakistan’s equity market.

In other news read more about: PSX Hits Historic High as KSE-100 Index Crosses 165,000

Picture of M Zain Ali Mirza

M Zain Ali Mirza

Zain is a news writer passionate about delivering clear, factual, and timely stories that keep readers informed. With a strong focus on truth, accuracy, and clarity, he create engaging news pieces that simplify complex issues forΒ everyΒ reader.
Facebook
Twitter
LinkedIn
Pinterest
WhatsApp

M Zain

Zain is a news writer passionate about delivering clear, factual, and timely stories that keep readers informed. With a strong focus on truth, accuracy, and clarity, he create engaging news pieces that simplify complex issues forΒ everyΒ reader.

Trending

Latest