Stocks post mild gains as caution prevails
The Pakistan Stock Exchange (PSX) staged a mild rebound on Wednesday, following a steep fall the previous day, as the KSE-100 index advanced 313 points to settle at 158,184. Investors were wary of the ongoing political and security developments and only slightly built their positions. The benchmark index moved between the intra-day high of 159,516 and low of 157,204. Although the market managed to regain some lost ground after Tuesday's plunge by over 3,600 points, the overall confidence remained fragile. Trading was largely driven by selective buying, with participants hesitant to take aggressive positions until further stability emerges on political and security fronts.