Overview
- On Wednesday the KSE-100 fell 1,703.58 points to 159,578.19, swinging between 162,052 and 159,217 as the market struggled for fresh triggers.
- Tuesday’s 1,521-point decline to 161,281.76 followed an October CPI reading of 6.2% year on year and caution over a proposed 27th Constitutional Amendment that could touch the NFC Award.
- Monday had closed up 1,171 points at 162,803 on optimism about a $1.2 billion IMF disbursement, strong earnings, a steady rupee and firmer oil prices.
- Trading stayed brisk through the moves, with turnover near 948–949 million shares and Rs47.5–47.6 billion on Monday, 899 million shares and Rs37 billion on Tuesday, and 860 million shares and Rs34.8 billion on Wednesday.
- Local mutual funds were tagged as key buyers early in the week while foreign investors were net sellers, with reported outflows of roughly Rs650–718 million across the sessions.