The Pakistan Stock Exchange (PSX) closed in the red on Wednesday as selling pressure dragged all major indices lower. The benchmark KSE-100 Index fell 831 points to close at 170,190, while the KSE-30 Index dropped 241 points, reflecting broad-based weakness across sectors.

Market activity remained firm, with 551.9 million shares traded, though the trading value slipped to Rs. 23.7 billion from Rs. 27.4 billion a day earlier. Market capitalization also declined to Rs. 18.86 trillion.

Among volume leaders, Treet Battery Ltd. topped the chart with over 46 million shares, followed by Dewan Cement and Sitara Petroleum. On the gainers’ side, PIA Holding Company Ltd. B surged by Rs. 376 to close at Rs. 17,988, while Thal Industries Corp. Ltd. rose by Rs. 90.52 to Rs. 1,022.24. In contrast, Khairpur Sugar Mills Ltd. and Unilever Pakistan Foods Ltd. were among the major losers, shedding Rs. 240.51 and Rs. 137.97 respectively.

The session reflected cautious investor sentiment, with profit-taking dominating trade despite strong turnover in select stocks.