The Pakistan Stock Exchange (PSX) opened Wednesday’s trading session on a positive note but soon experienced sharp intraday fluctuations, reflecting cautious investor sentiment. The benchmark KSE-100 Index started higher, gaining 86.42 points to reach 161,468.18 at 9:31 AM, with an early trading volume of 2.78 million shares.
However, the optimism was short-lived. Within minutes, the index slipped into negative territory, losing 1.18 points to trade at 161,280.58 as volumes surged to 26.5 million shares. By 9:42 AM, the KSE-100 Index had fallen further by 515.67 points to 160,766.09, with trading volumes climbing to over 38 million shares, signaling early selling pressure across the PSX.
The market showed some recovery before midday, touching an intraday high of 162,052.45 at 11:07 AM, marking a gain of 770.69 points on a robust volume of 121.82 million shares. Despite this rebound, the upward trend failed to hold. By 1:46 PM, the KSE-100 Index plunged sharply by 1,616.23 points to 159,665.53, with overall volumes exceeding 222 million shares.
At 2:24 PM, the index stood at 159,770.22, down 1,511.54 points or 0.94 percent, as total trading volume reached 250 million shares. Later in the afternoon, the decline deepened, with the index dropping 2,064.9 points to 159,216.86 around 2:42 PM, and total volume crossing 266 million shares.
Despite the daily swings, the PSX remains strong in broader terms. The exchange has gained 73.62 percent year-on-year and 38.78 percent so far in 2025. Over the past 52 weeks, the KSE-100 Index has fluctuated between 91,891.47 and 169,988.62, highlighting significant volatility.
Among individual performers, FNEL surged 10 percent, while QUICE dropped 10.03 percent. Other notable gainers included WAVES (+5.98%) and CNERGY (+2.33%). On the downside, GEMBLUEX and SHCM each lost 10 percent.
The previous session on Tuesday had closed with the KSE-100 Index at 161,281.76, down 1,521.39 points or 0.93 percent, as 81 of the 100 listed companies ended in the red.
In other news read more about: PSX Closes Lower Amid Mixed Trading on Monday
