Karachi, October 29, 2025 – The Pakistan Stock Exchange (PSX) witnessed intense selling pressure on Wednesday as the benchmark KSE-100 index tumbled by 1,636 points amid heightened market volatility and investor uncertainty.
The index closed at 158,465 points, sharply down from Tuesday’s closing level of 160,101, marking one of the steepest single-day declines of the month.
According to a report by Topline Securities Limited, the trading session began on a positive note, with the KSE-100 Index briefly gaining 589 points. However, heavy profit-taking and aggressive selling quickly reversed the trend, pushing the benchmark down by as much as 1,794 points during intraday trading.
Market analysts attributed the decline to a combination of mixed corporate earnings, profit-booking by investors, and margin calls that amplified downward momentum. The ongoing futures rollover week added to volatility, with traders adjusting leveraged positions.
Major drags on the index included LUCK, UBL, MARI, MCB, and EFERT, which collectively shaved off 577 points. On the other hand, NBP, THALL, BAFL, JVDC, and ILP provided minor relief, contributing 186 points to the index.
Despite the bearish sentiment, overall market participation remained strong. Total traded volume surged to 950 million shares, while the total turnover climbed to Rs. 41.2 billion. K-Electric (KEL) emerged as the volume leader with 92.9 million shares changing hands.
Market experts believe that the correction phase may continue in the short term until corporate earnings clarity and macroeconomic stability improve.