Pakistan Stock Exchange slides more than 900 points during Thursday mid‑session amid profit‑taking

Karachi: The Pakistan Stock Exchange (PSX) closed its Thursday midday session in bearish territory, with the benchmark KSE‑100 Index dropping more than 900 points as investors exercised caution and profit‑taking.

During the session, the index peaked at 182,276.81 and fell to a low of 179,411.35, reflecting notable volatility.

The KSE‑100 settled at 180,701.35 points, down 928.01 points (0.51%) from the prior close of 181,629.36. The index oscillated between an intraday high of 182,276.81 and a low of 179,411.35, underscoring the session’s volatility.

Trading activity recorded a volume of 200.2 million shares with a total value of Rs13.84 billion. Market breadth indicated mixed participation across various sectors.

Analysts said early gains were wiped out as investors engaged in panic selling triggered by heightened Middle‑East tensions. Key sectors such as banking, oil and gas, and automobiles came under selling pressure. Although the market opened positively, it failed to maintain momentum amid concerns over global developments and domestic economic indicators.

Overall market sentiment continues to be shaped by expectations of macroeconomic trends and ongoing developments in the energy sector. Investors are keeping a close watch on upcoming corporate earnings and any policy signals from the State Bank of Pakistan.

Market participants view the recent dip as a potential buying opportunity for fundamentally strong stocks, while advising short‑term caution.

In recent weeks the KSE‑100 has demonstrated resilience but remains vulnerable to both local and international developments.

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