Karachi, May 14, 2025 – The KSE-100 index of the Pakistan Stock Exchange (PSX) closed slightly lower on Wednesday, shedding 39 points in a session dominated by uncertainty and fluctuating investor sentiment.
After two strong sessions of gains, the index experienced a choppy day as bulls and bears battled for control.
The benchmark KSE-100 index ended the day at 118,537 points, down from the previous closing of 118,576 points, reflecting a marginal decline of 0.03%. Despite the minor drop, the session was marked by high volatility as the index swung dramatically — recording an intraday high surge of 884 points and dipping as low as 427 points before settling slightly in the red.
According to analysts at Topline Securities Limited, the market entered a phase of consolidation following recent bullish momentum. Strategic profit-taking by investors dominated much of the day’s activity, especially after the index touched new highs earlier in the week.
On the gainers’ side, heavyweight stocks such as ENGROH, FFC, MEBL, and UBL played a pivotal role, collectively contributing 470 points to the KSE-100 index. However, the gains were partially reversed as key laggards including OGDC, MCB, BAHL, and MARI dragged the index down by a combined 354 points, neutralizing much of the positive momentum from early in the session.
Trading activity also saw a dip in participation compared to the previous day. Total traded volume stood at 603 million shares, while traded value reached PKR 41.8 billion, marking the highest turnover in the last five months. PREMA led the volume chart with 38.7 million shares traded during the session.
Market experts note that the KSE-100 index is likely to continue experiencing fluctuations as investors assess macroeconomic indicators, corporate earnings, and fiscal policy signals ahead of the upcoming federal budget.
In conclusion, while the KSE-100 index lost a modest 39 points, the day’s wild swings and active participation from both gainers and losers highlight a market in search of direction, as traders await clearer signals from both economic data and political developments.