Pakistan’s benchmark index reverses an early 906-point gain as profit-taking weighs on index-heavy stocks.

The KSE-100 Index witnessed highly volatile trading on Thursday, initially surging around 906 points before surrendering its gains amid heavy profit-taking at higher levels.

The benchmark index closed at 167,441.90 points, down 1,138.50 points or 0.68% from the previous close of 168,580.40.

According to the Topline Securities KSE-100 Market Review for October 8, 2026, the index initially gained following positive sentiment surrounding Pakistan’s IMF staff-level agreement. However, the early momentum failed to hold as investors opted to book profits at elevated levels.

The KSE-100 traded between an intraday high of 169,486.60 points and a low of 167,449.88 points, reflecting significant volatility during the session.

Index-heavy stocks remained under pressure, with UBL, FFC, SYS, EFERT and POL emerging as the major detractors. Collectively, these stocks dragged the benchmark down by approximately 394 points.

Despite the decline in the benchmark, overall market activity remained strong. The total market volume reached approximately 365.9 million shares, while traded value stood at around Rs17.7 billion, according to Topline Securities.

The KSE-100’s official market statistics showed volume of 152.07 million shares for the index, with the benchmark’s traded value recorded at approximately Rs11.60 billion.

The sharp reversal highlights continued investor caution despite positive developments on the external financing front, with profit-taking and selling pressure dominating the latter part of the session.