Karachi, December 24, 2025 – The benchmark KSE-100 Index of the Pakistan Stock Exchange (PSX) closed lower on Wednesday, shedding 243 points amid heightened volatility and cautious investor sentiment.
The index settled at 170,830 points, compared with the previous session’s close of 171,073 points, reflecting a mixed and uncertain trading environment.
According to market analysts at Topline Securities Limited, trading throughout the day remained highly volatile, with investors largely opting for a wait-and-see approach. During intraday activity, the KSE-100 Index touched a high of 171,587 points before slipping to a low of 170,641 points, highlighting sharp fluctuations in buying and selling pressure.
A notable development was seen in PIAHCLA, which moved close to its lower cap after investors reassessed the outlook for Pakistan International Airlines’ privatization. Market participants reacted to the realization that the listed PIAA company is unlikely to retain any stake in PIA following privatization. Analysts noted that within a three-month period, the winning consortium may opt to acquire an additional 25 percent stake offered by the government through a call option, adding to uncertainty around the stock.
On the positive side, select blue-chip stocks provided some support to the index. Shares of PTC, FFC, OGDC, PPL, and BOP collectively added around 375 points to the benchmark. However, these gains were outweighed by heavy selling in LUCK, ENGROH, and KOHC, which together erased nearly 430 points from the index.
Despite the downward close, market activity remained strong. Total traded volume reached 808 million shares, while overall market turnover stood at approximately Rs29 billion, indicating sustained investor participation amid fluctuating conditions.