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Index touched an intra-day high of 169,687.29 points and a low of 167,329.34 points during the session
BY Mahnoor | 14-05-2026
KARACHI:
Pakistani stocks had a bumpy day on Wednesday. Initially, things looked good at the Pakistan Stock Exchange (PSX), but then worries about global issues caused people to sell off their shares.
The KSE-100 index started strong but then weakened. Investors were careful due to ongoing global issues and high oil prices, causing the market to become uncertain and without a clear trend.
People were buying stocks in important industries like car companies, cement, banks, oil and gas, power, and refineries.
The early increase in the stock market was mainly because Pakistan’s central bank said it got $1.3 billion from the International Monetary Fund (IMF) through its loan programs, which made investors feel more confident.
But the positive trend didn’t last long. Worries about global events made investors nervous, causing them to sell stocks to secure profits. The KSE-100 index reached a high of 169,687.29 and a low of 167,329.34 during the day. By the end of trading, it fell by 1,465.09 points (0.87%), closing at 167,451.14.
Read More: Stock market closes down after uncertain trading
Ahmed Sheraz, a stock trader at KTrade Securities, noted that the KSE-100 index ended at 167,451 points, a decrease of 1,465 points (or 0.87% from the previous day). The trading day was unfocused, with investors being careful due to ongoing global uncertainties and high oil prices. Trading volume on the KSE-100 was low at 208 million shares, showing limited investor involvement and confidence.
The overall market stayed quiet all day. Even though oil prices were around $107-109 a barrel, there were no big political problems or peace deals, so people felt unsure and trading stayed within a limited range.
Big companies like Habib Bank and Lucky Cement were mostly being sold, pushing the stock market index down. Banks, tech companies, and cement businesses mostly dropped in value as investors were careful because of the shaky economy and world situation.
The market didn’t react strongly to news, basic financial factors, or technical patterns. This led to uncertain trading for most of the day. Traders were cautious, waiting for clearer news about regional events and the situation between Iran and the US.
Looking ahead, Sheraz thought they should keep paying attention to world news, especially what happens during Donald Trump’s visit to China and how safe the area is in general. Until things become clearer, the market will probably stay within a certain range and react to news headlines.
Today, the number of shares traded decreased to 684.9 million from Tuesday’s 1 billion, with a total value of Rs21 billion. Shares of 483 companies were traded, with 149 increasing in price, 298 decreasing, and 36 staying the same. Agha Steel led in trading volume with 58.7 million shares, increasing by Rs 0.43 to close at Rs 8.70.
