PSX falls 133 points in choppy trading

Trading remained choppy on Wednesday at the Pakistan Stock Exchange (PSX) as the market struggled to find clear direction amid a mix of positive economic developments and sector-specific concerns. The benchmark KSE-100 index ended slightly in the red, reflecting investor caution and a consolidation phase following the recent upside. The index oscillated between the intra-day high of 171,393 and low of 169,230, before closing at 170,314, down 133 points, or 0.08%. On the external front, Pakistan's current account recorded a surplus of $100 million in November 2025, a notable improvement compared to a deficit of $291 million in October. Adding to the optimism, IT exports surged 14% year-on-year (YoY) to $356 million in November, reinforcing confidence in the sector's growth and its role as a key forex earner. However, gains were capped by weakness in the energy space. Power generation remained flat YoY at 8.05k gigawatt hours in November and dropped sharply from 9.9k GWh in October.