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PSX Slips on Profit-Taking After Intraday Record as Roll-Over Week Nears

Analysts flag elevated volatility next week with 170,000 cited as the key support.

Overview

  • The KSE-100 closed at 171,405, down 556 points or 0.32% after a late-session pullback tied to position trimming before roll-overs.
  • The index set a fresh intraday peak at 172,675 in morning trade before sentiment reversed in the afternoon.
  • Despite Friday’s dip, the market gained about 1,540 points for the week, a rise of roughly 0.91%.
  • Turnover was moderate at roughly 796–798 million shares and Rs 42.1 billion, with K-Electric leading volumes at about 116 million shares.
  • Lucky Cement said its board approved joining a consortium in PIACL’s privatisation process, and Mari Minerals announced a joint venture with Globacore for exploration in Balochistan.