The KSE-100 Index closed the session at 170,313 points, retreating 133 points as the market displayed pronounced volatility amid a backdrop of mixed investor sentiment. During the day, the index swung between an intraday peak of 171,392 and a trough of 169,230, largely on profit-taking pressures.
Strength in UBL, NBP, HBL, AKBL, and PIOC underpinned positive momentum, collectively contributing 771 points to the index. This upside, however, was partly negated by declines in LUCK, OGDC, and ENGROH, which together subtracted 290 points.
Market engagement remained healthy, with total traded volume reaching 1,065 million shares and overall turnover registering Rs. 51.7 billion.
The Pakistan Stock Exchange opened on Wednesday with high optimism as the benchmark KSE-100 Index gained more than 400 points in early trade.
In early trading hours, the index was trading at 170,878.64, which was up 431.35 points or 0.25%. It signaled positive investor sentiment at the start of the session.Market Recovers as Investors Re-Enter
Buyers emerged strongly across major sectors which included cement, commercial banks, fertiliser, oil & gas exploration companies, OMCs, and power generation & refinery stocks.
Large-cap heavyweights also helped lift the market. Top gainers included Attock Refinery Ltd (ARL), Mari Petroleum (MARI), Pakistan Oilfields (POL) and Sui Northern Gas Pipelines (SNGPL).
Banking stocks also traded in positive territory. The top performers stocks in banking sector included Habib Bank Ltd (HBL), MCB Bank (MEBL), National Bank (NBP) and United Bank Ltd (UBL). They were showing buying interest in early deals.
