The Pakistan Stock Exchange (PSX) opened on a positive note in the final trading session of the week, reflecting cautious optimism among investors. The benchmark KSE-100 index started in the green, briefly slipped into negative territory, and then regained momentum by midday, bringing PSX back into strong positive performance.
At the opening, the index climbed over 500 points to 159,621.36 around 9:19 AM, with trading volumes at 4.7 million shares. However, by 10:10 AM, the upward momentum faded, and the KSE-100 dipped slightly into the red, losing 9.57 points to settle at 159,087.21. The dip was short-lived as renewed buying interest pushed PSX back into a strong recovery phase.
By 10:54 AM, the index surged to 160,305.13, adding 1,208.35 points, driven by gains in banking, cement, and power stocks. Trading volumes also improved, surpassing 80 million shares. By noon, the market remained firm, with the KSE-100 standing at 160,112.71—up 1,015.93 points or 0.64 percent from the previous close of 159,096.78.
The index traded between an intraday high of 160,305.13 and a low of 159,005.13, showing volatility as investors alternated between profit-taking and new entries. Total volumes by midday were around 115 million shares, reflecting healthy market activity.
BankIslami Pakistan (BML), First National Equities Limited (FNEL), Pace (Pakistan) Limited (PACE), Hascol Petroleum, and K-Electric (KEL) remained among the most traded stocks. PACE rose 8.45 percent to Rs30.79, while BML gained 3.82 percent to Rs5.71. FNEL and Hascol, however, saw mild declines.
Top performers included LSEVL, LSECL, and FFLM, each posting double-digit gains. On the downside, ARPAK led the decliners, dropping 9.94 percent. Despite minor setbacks, strong sectoral performance brought PSX back to solid footing by midday.
Over the past year, the KSE-100 index has advanced 73.06 percent and is up 39.07 percent year-to-date, underscoring the market’s resilience amid challenging economic conditions.
In other news read more about: PSX Stays Green Despite Early Rally Losing Momentum
