Karachi, January 8, 2026 – The Pakistan Stock Exchange (PSX) saw its record-breaking rally pause on Thursday as the benchmark KSE-100 index declined by 976 points, closing at 185,543, down from Wednesday’s close of 186,519.
According to analysts at Topline Securities Limited, after five consecutive sessions of strong gains, the market experienced a round of profit-taking, with investors booking gains at elevated levels. Despite the selling pressure, market sentiment remained broadly positive, with the KSE-100 opening on a firm note and reaching an intraday high of 1,386 points.
However, momentum slowed in the latter part of trading, as profit-taking pushed the index to an intraday low of 1,319 points, before closing down 975 points (–0.52%). Experts note that this pullback is largely technical, reflecting market consolidation rather than a reversal of the recent bullish trend.
On the sectoral front, stocks like AICL, NBP, PAEL, FFC, and MARI contributed 384 points to the index, while declines in ENGROH, UBL, MEBL, SYS, and PPL offset these gains, subtracting 986 points.
Market activity remained robust, with total traded volumes reaching 1,421 million shares and overall turnover at Rs. 90.99 billion. AGHA topped the volume chart with 131 million shares traded, highlighting strong investor participation.
Despite Thursday’s correction, analysts remain optimistic about the KSE-100 outlook, suggesting that the market is consolidating before potentially resuming its upward trajectory.