Selling at bourse, KSE-100 sheds nearly 600 points in early trade

Selling pressure was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 shedding nearly 600 points during the opening minutes of trading on Wednesday. At 9:50am, the benchmark index was hovering at 183,357.74, a decrease of 593.76 points or 0.32%. Selling was seen in key sectors, including automobile assemblers, cement, commercial banks and fertiliser. Index-heavy stocks, including POL, PSO, HBL, MCB and FFC, traded in the red. Pakistan’s GDP growth is projected to remain at 3% in fiscal year 2025–26 before rising to 3.4% in fiscal year 2026–27, driven by a recovery in agricultural production and reconstruction efforts following a series of floods in 2025, the World Bank said.