PSX: KSE-100 sheds 250 points points as late-session selling erases intra-day gains

Business Recorder reported that the KSE-100 ended Wednesday at 179,083.80, down 251.44 points, or 0.14%. The index had fallen to 178,642.36 early in the session, then climbed to 180,769.21 before sellers reversed the afternoon advance. Topline Securities described sentiment as generally steady, with investors considering domestic liquidity alongside international oil-supply concerns and Middle East developments.

Trading followed Tuesday’s 5,448.56-point rise, which had taken the benchmark to 179,335.24. All-share volume increased to 1,248.21 million shares from 972.43 million, while traded value fell to Rs41.81 billion from Rs50.66 billion. WorldCall Telecom led turnover by share volume at 231.75 million, followed by Tasdeeq Information at 219.68 million and K-Electric at 42.27 million. The rupee gained 0.01% against the dollar, closing at 276.62.