Tag: PSX

Trading at the Pakistan Stock Exchange (PSX) was suspended shortly after the opening bell on Monday after the benchmark KSE-100 Index dropped more than six percent within minutes of the session, triggering a market halt under exchange regulations.

The benchmark index was recorded at 147,715.95 in the morning, showing a decline of 9,780.15 points, or 6.21 percent. 

The fall occurred during the opening phase of trading as selling pressure spread across sectors.

Under PSX regulations, a decline of six percent in the benchmark index activates a market-wide halt in equity trading. Following the trigger, the exchange suspended all equity-based markets and cancelled all outstanding orders in the trading system.

The halt was triggered at 9:22:15am, according to a notification issued to Trading Right Entitlement (TRE) Certificate Holders by the exchange.

After trading resumed, losses in the benchmark index deepened. The KSE-100 Index was down 13,050.63 points, or 8.29 percent, from the previous close.

Selling pressure was recorded across multiple sectors during the early session. These included automobile assemblers, cement, commercial banks, oil and gas exploration companies, oil marketing companies, power generation firms and refineries.

Several index-heavy stocks also traded in negative territory during the session. These included MCB Bank, Meezan Bank, National Bank of Pakistan, Mari Energies, Oil and Gas Development Company, Pakistan Petroleum Limited, Pakistan State Oil, Sui Northern Gas Pipelines Limited, Sui Southern Gas Company and Hub Power Company.

The benchmark KSE-30 Index also fell more than five percent from its previous close during the session, which activated the exchange’s automatic market halt mechanism alongside the drop in the KSE-100.

The selloff came as investors reacted to a surge in global crude oil prices. The increase in oil prices has raised concerns about fuel costs, production expenses and inflation in the economy.

Trading at the Pakistan Stock Exchange was suspended shortly after the start of the session on Monday after the benchmark KSE-100 Index declined more than nine percent following selling pressure at the open. 

The index dropped 15,345 points, or 9.13 percent, to 152,717 within minutes of trading beginning at 9:16 a.m. This decline triggered an automatic halt under exchange rules that come into effect when losses cross the defined threshold during intraday trading. 

At 9:22 a.m., just before the suspension took full effect, the benchmark was recorded at 152,991.15, down 15,071.01 points or 8.97 percent, indicating continued pressure.

The market movement came amid geopolitical developments in the Middle East linked to the conflict involving Iran, which affected global financial markets and investor positioning. This volatility was compounded by foreign capital outflows, earnings concerns, and risk-averse behavior, all of which added pressure on local equities during the opening minutes of trade. 

Consequently, broader market indicators also recorded significant losses; the KSE-30 Index declined 9.69 percent, the PSX Dividend 20 Index fell 9.10 percent, and the KSE All Share Index dropped 8.49 percent.

Index movement was largely influenced by heavyweight stocks including Fauji Fertilizer Company, United Bank Ltd, Engro Holdings, Oil & Gas Development Company, and Meezan Bank, which together accounted for a large portion of the index-point decline. 

By sector, the most substantial contributions to the overall fall came from Commercial Banks, Fertilizer, Oil and Gas Exploration Companies, Cement, and Investment Banks and Securities Companies. 

While some gains were recorded in sectors such as Leasing Companies, Close-End Mutual Funds, Synthetic and Rayon, Leather and Tanneries, and Textile Spinning.

In individual stocks, YOUW registered a sharp decline of 17.66 percent while CNERGY fell 10.14 percent and UNITY declined 10.03 percent. Both DHPL and SSGC also dropped by more than 10 percent. Reflecting the market-wide selling, PSEL declined 0.82 percent and SHFA edged down 0.03 percent. Limited upward movement was observed in only a small number of stocks, with PGLC up 0.15 percent, while TPLRF1 and MEHT remained unchanged.

The Pakistan Stock Exchange (PSX) surged on Monday, extending its New Year rally as investors poured liquidity into asset-allocation flows amid easing macroeconomic signals.

As per the details, the benchmark KSE-100 Index added nearly 9,000 points across the first three sessions of 2026, climbing to an intraday high of 183,964.37, gaining 4,929.44 points (2.75%) from Friday’s close of 179,034.93.

The session’s low was 179,535.46, still up 500.53 points (0.28%) and the day’s peak marked a fresh all-time intraday high.

“Overall positive start of the year is witnessed as investors pour in massive liquidity to target year asset allocation,” said independent analyst AAH Soomro, cautioning that the market may be “going too fast too soon”.

Brokerage research flagged a constructive near-term setup. AKD Research projected sentiment would strengthen on expectations of foreign portfolio and direct investment inflows. Analysts suggested the KSE-100 could extend its uptrend towards 263,800 by December 2026, supported by easing monetary conditions, improving external accounts and reform momentum.

The rally follows last week’s 6,634-point (3.8%) advance to a record 179,035, aided by a softer-than-expected December 2025 Consumer Price Index (CPI) at 5.6%, reinforcing expectations of further monetary easing.

Pakistan’s stock market opened the final week of the year on a strong note, with the KSE-100 Index surpassing the 174,000 mark during Monday’s early trading.

This happened as optimism over a potential United Arab Emirates (UAE) investment in Fauji Foundation, along with a $1 billion rollover liability settlement, boosted investor sentiment and pushed the market to a new all-time intraday high.

The benchmark displayed robust momentum throughout the session, reaching an intra-day high of 174,411.72 points. By 11:30am, it was trading around 173,669.86, up 1,269.13 points or 0.74% from the previous close.

Investor demand was particularly visible in major sectors, including automobile assemblers, cement, commercial banking, fertilisers, oil and gas exploration, OMCs (Oil Marketing Companies), and power generation and refinery companies. Heavyweight stocks such as ARL (Attock Refinery Limited), HUBCO (the Hub Power Company Limited), MARI, OGDC (Oil & Gas Development Company Limited), PPL (Pakistan Petroleum Limited), POL (Pakistan Oilfields Limited), HBL (Habib Bank Limited), MEBL (Meezan Bank Limited), and MCB were all trading in positive territory.

According to Arif Habib Limited’s report, “Pakistan Investment Strategy 2026: The Equity Edge Continues,” the PSX is expected to remain the top-performing asset class in 2026, underpinned by improving macroeconomic conditions, easing inflation, and steady domestic liquidity.

According to Khurram Schehzad, advisor to the Finance Minister, the Pakistani equity market has produced almost 50% gains in US dollars since January 2025, placing it among the best performers in Asia.

“Since January 2025, the PSX has delivered 50%+ returns in US dollar terms, making it one of the best markets in Asia, with 2025 being another year of strong gains for investors,” said Advisor to Finance Minister, Khurram Schehzad. “Investor participation is rising fast – the equity investor base has crossed 450,000, up 120,000+ investors (+37%) in 18 months. 

“These record levels reflect growing investor confidence, supported by continued macro stability, key reforms, and improving prospects for more sustainable, higher future growth,” he added.

Last week, the KSE-100 Index concluded at a record 172,400.73 points, marking a 0.6% weekly increase and extending its year-end rally to all-time highs.

Globally, Asian markets opened at six-week highs, while the US dollar hovered near three-month lows amid expectations that the Federal Reserve could cut interest rates next year, fueling gains in precious metals.

Geopolitical developments also influenced sentiment. On Sunday, US President Donald Trump indicated that he and Ukrainian President Volodymyr Zelenskiy were “getting a lot closer” to reaching a potential agreement to end the Ukraine war.

MSCI’s (Morgan Stanley Capital International) broad Asia-Pacific index climbed 0.27%, reaching its highest level since October 3, as the region kicked off the final week of the year on a strong note. The index has surged more than 25% this year, driven largely by technology stocks amid ongoing AI enthusiasm.

South Korea’s Kospi jumped 1.5% to near a two-month high, bringing its annual gains to an impressive 74%, on track for its strongest yearly performance since 1999.

Meanwhile, Japan’s Nikkei fell 0.4%, while Taiwan stocks inched up 0.3% to set a new record high.

The Pakistan Stock Exchange (PSX) has set a new record on Friday as the benchmark KSE-100 Index gained 2,977 points, closing at an all-time high of 162,257 points.

During the session, the market rose by more than 3,100 points, achieving the key milestones of 160,000, 161,000, and 162,000 points for the first time in history.

PSX also recorded its highest-ever trading value of Rs70.5 billion in a single day, with a remarkable transaction volume of 2.5 billion shares.

A strong wave of buying was seen in shares of oil and gas, power, cement, fertiliser, and banking sectors, driving the rally.

Analysts attributed the surge to strong liquidity inflows, backed by improved geopolitical outlook and signs of domestic macroeconomic stability. 

Head of Research at Lucky Investment Muhammad Saad Ali highlighted the continuation of the recent trends, attributing the PSX performance to market optimism for the economic outlook.

Ali said, “All economic indicators are moving in the right directions, the IMF programme is on track and side by side we are also in a good place with regards to our foreign policy and our relations with countries which are our bilateral lenders, such as China, Saudi Arabia and the US.”

“So both of these [factors] have been driving market optimism and the investors’ sentiment is at its highest level that we’ve seen for many years,” he added.

The Pakistan Stock Exchange (PSX) seems to be on track to maintain its record-setting spree for the sixth consecutive session as a boost in investor confidence continued the upward momentum on Friday. As of publishing this report, the benchmark index  KSE-100, crossed the 146,000 point resistance level after gaining over 500 points since trading hours began.

According to reports, the market has been witnessing a rally because of strong buying from domestic mutual funds. Moreover, reports have also credited the exchange’s exceptional performance to potential positive impacts on Pakistani companies as the 50 percent tariff rate on India imposed by American President Donald Trump rolls into action. 

The developments caused the index to open in the green in the early hours of the day, later reaching an intraday high of 146,451.33 points. The index peaked at approximately 9:27 AM, after which the market witnessed a minor sell off, causing the index to fall to about 146,190 points as of publishing. 

For reference, the KSE-100 closed at 145,647.13 points on Thursday, after which the index recorded a growth of 0.37 percent during the early hours of the day on Friday, leading to a 543.53 point rise.

The market displayed a slowdown around 11:09 AM as the KSE-100 hit its intraday trading low of 145,468.57 points. However, a recovery of 722 points was witnessed following the intraday trading low, allowing the index to bounce back immediately.

Of the 18 indexes listed on the exchange, 17 remained in the green with the All-share index (ALLSHR) growing by 0.42 percent as of publishing. The ALLSHR index recorded a climb of 378.22 points after trading hours began. Unlike the KSE-100, which tracks the performance of the 100 largest and most liquid companies, the ALLSHR index records the performance of all publicly listed companies on the PSX.

A number of companies witnessed a rise in share prices, with First IBL Modaraba (FIBLM) and Paramount Spinning Mills Limited (PASM) winning big, to the tune of growth rates that sat at 13.66 percent (FIBLM) and 12.08 percent (PASM).

However, not every publicly listed stock witnessed an improvement, as many companies witnessed sharp declines. Of these declining companies, Khairpur Sugar Mills Limited (KPUS) posted a 9.93 percent decline in its position.

According to the director of a reputable securities company the KSE-100 index could cross 165,000 points by the middle of FY 2025-26, owing to low interest rates and an improved state of the wider economy.

The Pakistan Stock Exchange (PSX) witnessed a massive 2,202-point rally, allowing the benchmark index of the exchange, KSE-100 index, to cross the 136,500 point resistance level, setting a new all-time high. According to reports, shares climbed rapidly on Monday as investor confidence surged because of improved economic indicators.

The aforementioned improvement in indicators refer to the recent improvement in Pakistan’s foreign exchange reserves, spike in remittances, and reports of strong demand for automobiles during fiscal year (FY) 2024-25.

A statement from the Prime Minister’s Office linked the PSX’s recent upward trajectory to the “business community’s growing confidence in Pakistan’s economy.” Prime Minister Shehbaz Sharif has also highlighted how the federal government is committed to provide a business-friendly environment. 
 
These developments caused the index to open in the green in the early hours of the day, with the upwards momentum continuing until closing hours. The KSE-100 index reached an intraday high of 136,841.49 points. The index peaked at approximately 3:27 PM, after which the market closed at a lower, yet respectable, 136,502.53 points.

For reference, the KSE-100 closed at 134,299.766 points on Friday, after which the index recorded a growth of 1.64 percent during trading hours on Friday, leading to a 2,202.77 point rise. The market displayed a slowdown around 9:30 AM as the KSE-100 hit its intraday trading low of 134,937.43 points.

Of the 18 indexes listed on the exchange, 16 remained in the green with the All-share index (ALLSHR) growing by 1.26 percent, which translates into a 1,061.74 point rise in the index. Unlike the KSE-100, which tracks the performance of the 100 largest and most liquid companies, the ALLSHR index records the performance of all publicly listed companies on the PSX.

A number of companies witnessed a rise in share prices, with PICIC Insurance Limited (PIL) and Crescent Star Insurance Limited (CSIL) winning big, to the tune of growth rates that sat at 29.33 percent (PIL) and 28.78 percent (CSIL). 

However, not every publicly listed stock witnessed an improvement, as many companies witnessed sharp declines. Of these declining companies, the one that fared the worst during intraday trading was Trust Modaraba (TRSM), which posted a 12.95 percent decline in its position.

Recent reports have outlined the trend for the period following the coming week, suggesting that the KSE-100 index could cross 165,000 points by the middle of FY 2025-26, owing to a drop in interest rates and an improved state of the wider economy.

The Pakistan Stock Exchange (PSX) on Monday witnessed a massive 1357-point rally, allowing the benchmark index of the exchange, KSE-100 index, to cross record 125,700 points.

According to reports, shares climbed rapidly on Monday as China rolled over $3.4 billion in debt to Pakistan, deciding to refinance a whopping $1.3 billion in commercial loans. Moreover, details from reports indicate that China also rolled over $2.1 billion which the State Bank of Pakistan (SBP) has held in its reserves for the past three years. This allowed the SBP to meet the International Monetary Fund’s (IMF) $14 billion reserve target.

Investor sentiment witnessed a boost because of the aforementioned developments, allowing the KSE-100 index to open in the green in the early hours of the day, with the upwards momentum continuing until closing hours. The index reached an intraday high of 125,748.58 points. The index peaked at approximately 3:01 PM, after which the market closed at a lower, yet respectable, 125,627.31 points.

For reference, the KSE-100 closed at 124,379.06 points on Friday, after which the index recorded a growth of one percent during trading hours on Monday, leading to a 1,248.25-point rise. The market displayed a slowdown around 10:21 AM as the KSE-100 hit its intraday trading low of 124,500.20 points.

Of the 18 indexes listed on the exchange, 15 remained in the green with the All-Share Index (ALLSHR) growing by 1.16 percent, which translates into a 904.90-point rise in the index. Unlike the KSE-100, which tracks the performance of the 100 largest and most liquid companies, the ALLSHR index records the performance of all publicly listed companies on the PSX.

A number of companies witnessed a rise in share prices with Paramount Spinning Mills Limited (PASM) and Yousaf Weaving Mills Limited (YOUW) achieving growth rates of 24.81 percent and 21.32 percent, respectively. 

However, not every publicly listed stock witnessed an improvement as many witnessed sharp declines. Among these, the one that fared the worst during intraday trading was First Equity Modaraba (FEM), which recorded a sharp 13.52 percent downward correction after being a top gainer in the previous trading session.

Trading volume of regular stocks stood at a colossal 1,366,050,133 shares, translating into a total value of approximately Rs41.6 billion.

The Pakistan Stock Exchange (PSX) witnessed a massive 6550-point rally, pushing the benchmark KSE-100 index past the 122,500-point mark. According to reports, shares climbed rapidly on Tuesday as investor confidence soared after US President Donald Trump announced a ceasefire between Iran and Israel.

Prior to the ceasefire, investor confidence remained subdued amid rising tensions in the Middle East. The KSE-100 retreated by over 10,000 points, from its record high of 126,718.28 points on June 12 to just 116,167 points on Monday.

News of the ceasefire caused the index to open in the green in the early hours, with the momentum continuing into the day. As of publishing, the KSE-100 index reached an intraday high of 122,725.21 points. The index peaked at 12:34 PM, after which profit-taking took hold of the market. 

For reference, the KSE-100 closed at 116,167.47 points on Monday, after which the index recorded a growth of 5.64 percent on Tuesday, leading to a 6556.33 point rise when the index hit its intraday high. The market witnessed a massive bull run after the KSE-100 hit its intraday low of 120,369.53 points at 9:32 AM.

All 17 indexes listed on the exchange remained in the green with the All-share index (ALLSHR) having grown by 4.54 percent, by 1:25 PM, translating into a 3,291.22 point rise. Unlike the KSE-100, which tracks the performance of the 100 largest and most liquid companies, the ALLSHR index records the performance of all publicly listed companies on the PSX.

According to data from the PSX, many companies witnessed a rise in share prices, with First Treet Manufacturing Modaraba (FTMM) and First Prudential Modaraba (PMI) winning big, to the tune of growth rates that sat at 20.20 percent (FTMM) and 16.05 percent (PMI).

However, not every publicly listed stock saw gains, as many witnessed sharp declines. Of these declining companies, the one that fared the worst during intraday trading was Crescent Cotton Mills Limited (CCM), with a 10.00 percent decline in its position.

Recent reports have suggested that the KSE-100 index could cross 165,000 points by December 2025, owing to a drop in interest rates and an improved state of the wider economy. These factors have created a business-friendly environment, lending weight to analysts’ claims.

The Pakistan Stock Exchange (PSX) rallied, with the benchmark KSE-100 index surpassing its previous record high and setting a new one. Reports reveal that the bullish trend can be attributed to the Asian Development Bank (ADB) approving a financial package for Pakistan.

ADB cleared a $800 million policy-based loan and guarantee package to help Pakistan improve its public finances and push long-overdue economic reforms. According to reports, the approval came under the second phase of the “Improved Resource Mobilisation and Utilisation Reform Programme”, which focuses on rectifying how the federal government collects and spends money.

Reports reveal that Pakistan is set to receive a $300 million policy-based loan, which will be utilised to support reform efforts. Moreover, the ADB is offering a $500 million policy-based guarantee, which is the first of its kind by the Manila-based lender. 

These developments led to a surge in investor confidence, causing the KSE-100 index to cross 121,500 points during intraday trading. Bullish sentiments allowed the index to open in the green in the early hours of the day, with the upwards momentum continuing until closing hours.

The KSE-100 index reached an intraday high of 121,882.47 points. The index peaked at 3:01 PM, after which the market closed at a lower, yet respectable, 121,798.86 points.

For reference, the KSE-100 closed at 120,450.87 points on Tuesday, after which the index recorded a growth of 1.12 percent during trading hours on Wednesday, leading to a 1,347.99 point rise. The market displayed a slowdown around 9:34 AM as the KSE-100 hit its intraday trading low of 120,896.13 points.

All 17 indexes listed on the exchange remained in the green with the All-share index (ALLSHR) growing by 1.07 percent, which translates into a 801.91 point rise in the index. Unlike the KSE-100, which tracks the performance of the 100 largest and most liquid companies, the ALLSHR index records the performance of all publicly listed companies on the PSX.

A number of companies witnessed a rise in share prices, with Invest Capital Investment Bank Limited (ICIBL) and First Credit and Investment Bank Limited (FCIBL) winning big, to the tune of growth rates that sat at 42.55 percent (ICIBL) and 13.68 percent (FCIBL). 

However, not every publicly listed stock witnessed an improvement as many companies witnessed sharp declines. Of these declining companies, the one that fared the worst during intra-day trading was ICC Industries Limited (ICCI), which posted a 10.00 percent decline in its position.

Recent reports have suggested that the KSE-100 index could cross 165,000 points by December 2025, owing to a drop in interest rates and an improved state of the wider economy. These factors are responsible for creating a business-friendly environment, lending weight to analysts’ claims.