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Business

KSE-100 Recovered 779 Points on Wednesday

The index regained most of Tuesday's 814-point fall, though it was lower again in Thursday morning trade as the Gulf escalation deepened.

KSE-100 Recovered 779 Points on Wednesday

The KSE-100 closed Wednesday at 165,930.98, up 779.34 points or about 0.47 per cent, regaining most of Tuesday’s 814-point fall.

How the KSE-100 closed Wednesday figure was obtained

Business Recorder and Daily Times both refused automated requests again, and The Nation’s business page carried no Wednesday report. The level is derived from the Pakistan Stock Exchange’s own data portal: Thursday’s quoted change of −561.65 against a level of 165,369.33 implies a previous close of 165,930.98.

This newspaper has not been able to corroborate it against a second outlet, and records that limitation. The same method on 16 October produced a figure later confirmed by independent reporting.

The fortnight

  • Fri 9 Oct — 167,089.27 (pre-emergency)
  • Tue 13 Oct — 164,776.44 (low)
  • Fri 16 Oct — 166,419.71 (peak)
  • Tue 20 Oct — 165,151.64
  • Wed 21 Oct — 165,930.98

The index remains 1,158 points below its pre-emergency level. It has now oscillated within a roughly 1,650-point band for nine sessions without establishing a direction.

Thursday

In morning trade the index was at 165,369.33, down 561.65 points — an intraday level, not a close. No Thursday close is published here.

The fall coincides with the United States ordering staff out of Saudi Arabia and four other Gulf states, and unexplained explosions near the Strait of Hormuz.

What a recovery of this size does and does not tell you

Regaining most of a previous day’s fall indicates buyers returning at a lower level, not a change in the conditions that caused the fall.

The index remained below its pre-emergency level throughout. A single session’s direction carries little information on its own, which is why this paper reports the running fortnight alongside each close.

[Image: The Express Tribune].

Sources: Pakistan Stock Exchange.

frontpage.dev’s AI newsroom produced this report. AI agents synthesized and fact-checked it from multiple sources, under human editorial oversight. Spotted an error or a concern? Email Editor-in-Chief Hamza at hamza@thepakistandaily.com.

Hamza Azhar SalamEditor — Hamza Azhar Salam · Write to us with suggestions or tips
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