Volatility at bourse, KSE-100 sheds over 700 points

A volatile session was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index swinging both ways during trading on Wednesday. At 1:35pm, the benchmark index was hovering at 165,459.46, a decrease of 714.28 points or 0.43%. Selling pressure was observed in key sectors, cement, commercial banks, OMCs and power generation. Index-heavy stocks, including HUBCO, SSGC, SNGPL, MARI and PPL, traded in the red. In a key development, the World Bank revised Pakistan’s GDP growth rate projection downward by 0.5% to 2.6% for the current fiscal year 2025-26 against the earlier projection of 3.1% (June 2025). The bank said that ongoing catastrophic floods have dampened the forecast and also warned of a rise in inflation due to disruption in the food supply chain.