Lacklustre Day at the Bourse Amid Global Cues
ISLAMABAD: Pakistan Stock Exchange witnessed a volatile session, closely tracking global market cues. The benchmark index oscillated within a wide range—touching an intraday high of 666 points and a low of 409 points—before settling at 121,971 level, down 254 points or 0.21%.
Amid growing geopolitical uncertainty surrounding tensions between Iran and Israel, investors opted to stay cautious, leading to a lack of clear direction throughout the session. Sentiment remained fragile as the market struggled to find firm footing.
On the upside, index-heavyweights UBL, HBL, SYS, and OGDC provided some support, jointly contributing 219 points. However, losses in PKGP, LUCK, ENGROH, and HUBC offset those gains, dragging the index down by a combined 291 points.
Volatility Grips Local Bourse Amid Tariff Uncertainty
Market activity held strong, with volumes hitting 1.14 billion shares and total traded value clocking in at PKR 27.9 billion. WTL topped the volume charts with a remarkable 239 million shares traded.
