KARACHI, July 23, 2025 — After a strong rally in the previous session, the Pakistan Stock Exchange (PSX) reversed direction on Wednesday as investors moved to book profits. The benchmark KSE-100 index lost 165 points, closing at 139,254, retreating from an intraday high of 140,202.
The session opened on a positive note, but selling pressure soon emerged, driven by cautious sentiment amid market highs. According to a market wrap by KTrade Securities, the PSX experienced a mixed trend as profit-taking led to a mild pullback in the benchmark index.
KTrade further noted that the market may continue to show signs of volatility due to the futures rollover week and the ongoing corporate earnings season, both of which are contributing to short-term uncertainty.
Among the major negative contributors were Engro Holdings, HBL, MCB Bank, and Pakgen Power, which collectively dragged the index lower. Analysts expect the cautious tone to persist unless new market triggers emerge.
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