Karachi, March 5, 2025 – The Pakistan Stock Exchange (PSX) witnessed a volatile trading session on Wednesday, with the benchmark KSE-100 index closing in the red after shedding 490 points.
The index settled at 112,254 points, down from the previous day’s close of 112,744 points, reflecting a 0.43% decline.
Market analysts at Topline Securities Limited noted that the KSE-100 index experienced fluctuations throughout the session. The index touched an intraday high of 583 points before facing selling pressure, which dragged it to an intraday low of 598 points. By the end of the session, the KSE-100 index recorded a net loss of 490 points, primarily due to profit-taking by investors amid the ongoing Ramadan period, which traditionally sees subdued trading activity.
Despite the overall downward trajectory, selective stocks contributed positively to the KSE-100 index. Notably, ENGROH, TGL, LUCK, PIBTL, and NESTLE collectively added 155 points to the index. However, the gains were overshadowed by declines in EFERT, FFC, and PSO, which together wiped out 181 points from the benchmark.
Trading volume remained healthy, with 262 million shares exchanged during the day, generating a turnover of approximately Rs 13 billion. Among the most actively traded stocks, PIBTL emerged as the leader, with 53 million shares changing hands, indicating strong investor interest in the scrip.
The mixed sentiment observed in the market reflects cautious behavior among investors, who are monitoring key economic indicators, global market trends, and upcoming corporate earnings reports. Analysts believe that the KSE-100 index could witness further fluctuations in the coming sessions, depending on economic developments and institutional investor participation.
While some market participants anticipate a potential rebound, others suggest that the KSE-100 index might continue to face pressure due to external economic concerns and local liquidity constraints. In the short term, analysts advise investors to keep an eye on blue-chip stocks and sectors that demonstrate resilience against broader market volatility.
Moving forward, the performance of the KSE-100 index will likely be influenced by macroeconomic trends, investor sentiment, and sector-specific developments, making it crucial for traders to adopt a strategic approach in navigating market conditions.