The Pakistan Stock Exchange (PSX) on Wednesday ended the day flat after crossing the 170,000 level before succumbing to profit-taking pressure.
At close, the benchmark index settled at 169,451.86, a loss of 4.52 points or 0.%.
Selling was observed in key sectors, including automobile assemblers, cement, commercial banks, oil and gas exploration companies, OMCs, and power generation and refinery.
On Tuesday, the PSX maintained its bullish momentum, with the benchmark index surging as investors accumulated fresh positions across leading sectors, driving overall market activity higher. The index gained 1,153.14 points, or 0.69%, to close at 169,456.39.
Meanwhile in the currency market, the Pakistani rupee gained ground against the US dollar on Wednesday, appreciating 0.06% in the opening minutes of inter-bank trading.
By 10 a.m., the local currency stood at 280.23, marking an increase of Rs0.17 against the greenback.
Moreover, the State Bank of Pakistan (SBP) reported on Tuesday that workers’ remittances grew by more than 9 percent during the first five months of the current fiscal year (FY26).
Pakistan received $16.14 billion in remittances during July to November of fiscal year 2026 (FY26), compared to $14.76 billion in the same period of the previous fiscal year. This reflects an increase of 9.3%, or $1.3 billion.
