Despite the flat index, trading activity was full of energy. The ready market recorded a massive turnover of 1,499,302,473 shares worth Rs48,850,000,000, up from 1,356,004,531 shares valued at Rs43,280,000,000 in the previous session.

Out of 485 companies, 235 gained ground, 219 lost value, while 31 remained steady. WorldCall Telecom dominated with 137,768,248 shares closing at Rs1.72. Media Times Ltd followed with 94,000,448 shares at Rs5.86, while Bank of Punjab traded 84,069,639 shares at Rs21.71.

Khyber Textile Mills Limited emerged as the biggest gainer, jumping Rs222.46 to settle at Rs2,447.05. PIA Holding Company LimitedB also surged by Rs158.95 to close at Rs25,158.95.

On the losers’ side, Hoechst Pakistan Limited fell by Rs51.03 to Rs3,946.97, while S.S. Oil Mills Limited slipped Rs35.06 to Rs515.84.

The futures market saw heavy action with 270,465,500 shares worth Rs12,440,000,000 traded, compared to 243,044,500 shares at Rs10,410,000,000 a day earlier.

Read more: Investors shocked as gold prices crash in Pakistan and worldwide after record high

Out of 322 companies, 162 advanced, 156 declined, and 4 stayed unchanged. Futures turnover leaders included PACE-SEP with 31,507,500 shares at Rs10.50, TRG-SEP with 24,304,500 shares at Rs77.89, and DCL-SEP with 19,877,500 shares at Rs15.56. SAZEW-SEPB stood out by gaining Rs41.64 to close at Rs1,730.88, while PSO-OCT fell Rs7.85 to Rs424.72.

Although the index barely moved, the trading volume tells another story. Investors showed strong interest, pushing turnover into record billions. Big winners like Khyber Textile and PIA Holdings gave traders excitement, while some heavyweights faced steep losses. The mix of gains and declines signals that investors are testing momentum. Market watchers believe activity will remain unpredictable in the coming sessions.