In yet another volatile session, the Pakistan Stock Exchange witnessed a broad-based decline as investor caution dominated trading, pulling the benchmark KSE-100 index lower across major sectors.

The market opened on a positive note on Wedneday, briefly lifting the index, but early gains quickly faded as investors trimmed positions in the absence of fresh positive triggers. The benchmark faced persistent fluctuations throughout the day, moving within a narrow range as selling pressure intensified. By midday, the KSE-100 index hovered around 166,313.22, down 1,329.05 points or 0.79%.

Selling pressure was visible across key sectors, including automobile assemblers, cement, commercial banks, fertiliser, oil and gas exploration companies, oil marketing companies (OMCs), and power generation.

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