PSX drops 293 points as KSE-100 Index hovers near 165,517
PSX Takes a Breather After Historic 14,000-Point Rally as KSE-100 Holds Steady Near 165,500
Pakistan Stock Exchange – (Web Desk) – The Pakistan Stock Exchange (PSX) had a relatively calm Thursday after Wednesday’s historic surge. The KSE-100 Index hovered around the 165,500–166,800 range, slipping marginally by roughly 74 points or 0.04% from the previous close of 165,811 points.
Despite the slight dip, trading remained active, with over 572 million shares changing hands worth more than Rs 33.95 billion across around 289,000 trades. However, selling outpaced buying, as 301 stocks declined against 168 gainers, with 96 stocks holding steady.
Fertilizer and banking sectors faced some profit-taking pressure, while cement, energy, and textile stocks attracted selective buying interest. Among the notable risers, Service Industries Textile climbed over 2.8%, with Shadman Cotton also posting gains. Meanwhile, several blue-chip stocks faced mild downward pressure.
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The day’s cautious mood came naturally after Wednesday’s extraordinary performance, when PSX recorded its biggest ever single-day gain of over 14,000 points — a massive 9% jump. That historic rally was fuelled by investor optimism around Pakistan’s role in promoting global peace and the easing of tensions between the United States and Iran.
In short, Thursday’s session was the market catching its breath after a landmark day.



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