Pakistan Stock Exchange (PSX) experienced a significant decline at the start of the business week, with the benchmark KSE-100 index fell by 2,002.55 points and closed at 116,439.62.
This marks a fall of 1.69% from the previous end of 118,442,17.
During the day, the market saw fluctuations, with the highest point reaching 118,797.70 and the lowest fall to 116,257.51.
Trade volume stood at 167.106.163 with a total value of 15,680,198.106 pkr. This decline reflects the ongoing uncertainty in the market as investors remain cautious in the midst of the wider economic landscape.
Yesterday, Pakistan Stock Exchange (PSX) experienced a Bullish Rally in the outgoing week when the KSE-100 index surpassed the 119,000 mark during trading on the day.
Investor mood was bent by optimism about a potential staff level between Pakistan and the International Monetary Fund (IMF) for the first review of the $ 7 billion expanded funding facility.
The week began with significant gains as the KSE-100 index rose by 663 points and continued its upward course with an 801-point climb on Tuesday.
On Wednesday, the index hit a new highlight of 117,974 thanks to a strong local institutional purchase and hope of solving the circular debt problem.
The KSE-100 index peaked at 119,000 on Thursday and marked a new record before ending the week with a drop of 328 points.
At the end of the week, the index closed at 118,442, an increase of 2,906 points (2.5%) from the previous week. Market Momentum was supported by positive expectations of the IMF’s review and the potential dissolution of the current circular debt.
On the economic front, Pakistan’s deficit was included in current accounts with 97% in February 2025, while the country’s foreign currency reserves increased by $ 49 million to $ 11.1 billion.
Sectoral, investigation and production, technology and power sectors contributed positively to the market, while fertilizers and insurance sectors saw negative contributions.
Despite foreign sales that continued by $ 7.96 million, the amount of trading increased by 51%and the average trading value increased by 43%.
Analysts also emphasized that the government’s planned reduction in power -tarifs and ongoing efforts to ensure further funding from the IMF were key factors that had an impact on the market atmosphere.
