Karachi: The Pakistan Stock Exchange (PSX) navigated a turbulent session, with the KSE100 index initially reaching an intra-day high of 80,321 points before significant profit-taking and a subsequent Supreme Court decision on reserved seats led to a sharp downturn. The market eventually stabilized, closing flat at 79,944 points by the end of the day.

According to JS Global, the trading day began on a positive note, but anticipation of the Supreme Court's verdict prompted a mid-day shift to profit-taking, culminating in a 405-point drop in the first session. The verdict's announcement triggered panic selling, plunging the index by an additional 1,380 points to 78,611. However, opportunistic buying at lower levels helped the market recover some ground. Despite the day's volatility, the KSE100 index managed to close without day-over-day change.

Key performers included PGLC and FFBL, with notable gains, while sectors like the automobile industry saw mixed results amid broader market fluctuations. The market's total capitalization ended slightly lower, reflecting the day's uncertainty and investor caution.