KSE-100 Sees Profit-Taking

ISLAMABAD: After two consecutive sessions of strong gains, the local bourse witnessed a round of profit-taking today, driven by fiscal year-end considerations and short-term portfolio rebalancing.

The benchmark KSE-100 index saw a volatile ride—climbing as high as 656 points intraday before slipping to a low of 715 points. It ultimately settled at 122,046, reflecting a cautious investor mood as the quarter draws to a close.

On the contribution front, ENGROH, NATF, PPL, and TGL provided the biggest support, collectively adding +228 points to the index. Meanwhile, pressure from BAHL, LUCK, HBL, PSEL, and SYS dragged the index down by a combined -407 points.

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Despite the day’s decline, overall market activity remained vibrant. Total traded volume clocked in at 750 million shares, with a traded value of PKR 29.8 billion. PIBTL led the volume charts, with 37.5 million shares changing hands.