After several consecutive sessions of robust gains, the local bourse finally paused for breath as profit-taking dominated today’s trading activity. Investors opted to lock in recent highs, steering the benchmark index through a choppy session marked by swift shifts in sentiment.
The index fluctuated between an intraday high of 169,289 (+1,227 points) and a low of 167,445 (-616 points), underscoring a clear tug-of-war between opportunistic sellers and selective buyers. By the close, the market settled at 167,642, down 419 points or 0.25%.Stock Market Continues Momentum
Among the key movers, heavyweights LUCK, BWCL, MEBL, and FABL collectively contributed +389 points to the index. On the downside, FFC, PPL, HUBC, SYS, and ENGRO exerted selling pressure, jointly eroding 569 points from the benchmark.
Market participation remained steady, with total volumes reaching 772 million shares, while overall turnover stood at Rs 37.4 billion. WTL led the volume charts once again, recording 169 million shares traded during the session.
Despite the mild pullback, the broader market tone stays constructive, with investors eyeing upcoming catalysts that could shape momentum in the sessions ahead.
