PSX gains nearly 1,200 points as investor sentiment remains positive

Investor confidence buoyed by improved economic sentiment and policy clarity

The Pakistan Stock Exchange (PSX) experienced strong buying momentum on Monday, with the benchmark KSE-100 Index gaining 1,171.42 points, or 0.72%, to close at 162,803.15.

Investor confidence remained buoyant throughout the session, pushing the index to an intra-day high of 163,935.02. The positive sentiment was attributed to institutional inflows, particularly from local mutual funds, as indicated by NCCPL data, according to Topline Securities.

Heavyweight stocks such as FFC, ENGRO, NBP, HUBC, and TRG led the market’s advance, collectively contributing 1,131 points to the index’s rise.

In economic news, Pakistan’s headline inflation for October 2025 stood at 6.2% year-on-year (YoY), higher than the Ministry of Finance’s estimated range of 5-6%, according to data from the Pakistan Bureau of Statistics (PBS).

Last week, the market ended on a subdued note, with the KSE-100 Index declining by 1.03% week-on-week to close at 161,631.73, driven by geopolitical concerns, profit-taking, and corporate earnings announcements.

Meanwhile, the Pakistani rupee appreciated slightly by Re0.01 against the US dollar in the inter-bank market, closing at 280.90.

Volume on the all-share index decreased to 949.36 million shares from 952.86 million in the previous session, while the value of shares traded rose to Rs47.58 billion from Rs42.27 billion. Hascol Petrol led trading volumes with 119.51 million shares, followed by B.O. Punjab (81.17 million shares) and WorldCall Telecom (44.13 million shares).

A total of 486 companies were traded, with 262 registering gains, 176 recording losses, and 48 remaining unchanged.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

Ahsan Iqbal inaugurates PIMEC 2025, calls Pakistan a ‘natural maritime bridge’...

With 45 countries participating, the second Pakistan International Maritime Expo highlights the untapped potential of a sector contributing less than 1% to GDP despite vast coastal and offshore resources.