Selling pressure dominated the Pakistan Stock Exchange (PSX) as the benchmark KSE‑100 Index declined by more than 500 points during Wednesday’s trading session.
At 1:30 p.m., the index was trading at 170,455.23, representing a drop of 566.54 points, or 0.33%.
The sell‑off extended across several key sectors, such as automobile manufacturers, cement producers, commercial banks, fertilizer firms, oil & gas explorers, oil marketing companies, power generators, and refineries. Notably, heavyweight stocks including MARI, PSO, HUBCO, POL, MCB, MEBL, and NBP were among those trading lower.
In a separate development, senior Pakistan Muslim League‑Nawaz (PML‑N) parliamentarian Tahira Aurangzeb announced that the federal government will unveil its budget for fiscal year 2026‑27 on June 10.
On Tuesday, the PSX edged higher, reflecting improved investor sentiment buoyed by falling international oil prices and selective buying in key sectors, which helped the benchmark index recover part of the previous session’s losses.
Consequently, the KSE‑100 Index rose 421.57 points, or 0.25%, closing at 171,021.77 points.
This is an intraday update
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