Pakistan, Oct. 9 -- A volatile session was observed at the Pakistan Stock Exchange (PSX), with the benchmark KSE-100 Index swinging both ways during trading on Wednesday.
The market kicked off trading on a positive note, pushing the benchmark index to an intra-day high of 166,947.19. However, profit-taking was observed during trading, dragging the KSE-100 to an intra-day low of 165,109.84.
At close, the benchmark index settled at 165,266.74, a decrease of 907 points or 0.55%.
In a key development, the World Bank revised Pakistan's GDP growth rate projection downward by 0.5% to 2.6% for the current fiscal year 2025-26 against the earlier projection of 3.1% (June 2025). The bank said that ongoing catastrophic floods have dampened the for...
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