Karachi, October 16, 2025 – The Pakistan Stock Exchange (PSX) witnessed a sharp downturn on Thursday, as the benchmark KSE-100 index shed 1,241 points amid aggressive profit-taking by investors.
The KSE-100 index closed at 164,445 points, down from the previous day’s level of 165,686 points. According to analysts at Topline Securities Limited, trading opened on a strong note with the benchmark index initially gaining as much as 1,178 points in early session. However, the bullish momentum quickly faded as institutional investors opted for profit-taking, triggering a sharp reversal.
The market saw the index fall by 1,424 points from its intraday high, ending the session with a decline of 0.75%. Analysts attributed the correction to portfolio rebalancing and profit-booking at elevated levels, following the market’s recent record-breaking rally.
Major contributors to the day’s losses included ENGRO, SYS, FFC, BAHL, and EFERT, collectively denting the index by 658 points. On the other hand, limited support came from HMB, UBL, HUBC, PPL, and PSEL, which collectively added 231 points.
Despite the downturn, trading activity remained robust. The total traded volume surged to 1.39 billion shares, while the overall market turnover hit Rs. 50.5 billion. K-Electric (KEL) stood out as the volume leader, with 1.02 billion shares traded during the session.
Analysts anticipate that upcoming corporate earnings reports, monetary policy cues, and global market trends will significantly influence investor sentiment and trading direction ahead.