Published on, Aug. 28 -- August 28, 2025 2:00 PM

The Pakistan Stock Exchange (PSX) witnessed heavy selling on Wednesday, as early optimism faded and investors grew cautious. The benchmark KSE-100 index fell 941.03 points, or 0.63%, closing at 147,494.03.

Markets initially opened on a positive note, with the index climbing to an intra-day high of 149,238 points. However, news of severe flooding in northern Pakistan shifted investor sentiment sharply during the session.

Flood alerts and human and economic losses triggered extensive selling across major sectors. The day's low of 147,337 marked a steep reversal from morning gains, resulting in the fifth consecutive day of losses for the benchmark index.

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