According to official data, the benchmark KSE-100 Index of the Pakistan Stock Exchange showed a strong bearish trend on Wednesday. The index dropped 1,632.25 points, a negative change of 0.98 percent, to close at 164,626.29 points compared to 166,258.55 points in the previous session.

During the trading session, the ready market recorded a volume of 619,628,014 shares with a traded value of Rs29.252 billion. In the previous session, 687,962,358 shares were traded worth Rs38.468 billion. Market capitalization also declined to Rs18.668 trillion from Rs18.811 trillion a day earlier.

Out of 483 active companies, only 143 managed to close in the green. Meanwhile, 278 companies saw losses and 62 remained unchanged, reflecting overall weak investor sentiment.

K-Electric Limited led the volume chart with 99,786,190 shares. It was followed by Cnergyico PK with 70,330,560 shares and F. Nat. Equities with 33,421,278 shares.

Among the top gainers, Nestle Pakistan Limited increased by Rs75.21 to close at Rs7,979.50, while Premium Textile Mills Limited gained Rs43.10 to settle at Rs489.60.

Read more: Pakistan gold prices surge to Rs539,962 amid global volatility

On the losing side, PIA Holding Company LimitedB dropped sharply by Rs586.33 to close at Rs16,141.00. Khyber Textile Mills Limited also fell by Rs95.89 to end at Rs1,490.47.

In the futures market, turnover reached 514,774,000 shares with a traded value of Rs23.879 billion, compared to 354,134,500 shares worth Rs22.297 billion in the previous session. Out of 345 futures companies, 68 recorded gains, 272 declined and 5 remained unchanged.

The sharp fall shows investors are cautious. Heavy selling suggests uncertainty in the market. If confidence does not return soon, pressure may continue. Much now depends on economic signals and investor mood.