The Pakistan Stock Exchange (PSX) achieved a historic milestone on Wednesday, recording its highest-ever single-day trading volume with a new 3.8 billion shares traded.
Following the market closure, the data indicated a remarkable surge in activity was largely driven by K-Electric’s trading, which alone crossed the one-billion-share mark for the first time in Pakistan’s stock market history.
Market analysts assigned the record-breaking volume to high investor participation, risky buying in low-priced stocks, and renewed institutional interest in the energy and utility sectors.
Despite the exceptional trading volume, the market closed on a negative note following a volatile session that saw the benchmark index swing sharply throughout the day.
The PSX rose by 1,178 points in early trading but later faced strong selling pressure, leading to a decline of 1,425 points, ending the day in the red zone.
By the end of the session, the KSE-100 index had dropped by 1,241 points, closing at 164,444 points, failing to maintain the 165,000-point psychological barrier.
