Bullish session lifts KSE-100 index despite sell-off

PSX KSE-100

Karachi, September 24, 2025 – The Pakistan Stock Exchange (PSX) witnessed a bullish session on Tuesday, but profit-taking in the later hours limited overall gains. The benchmark KSE-100 index added 292 points, closing at 158,237 compared to the previous day’s 157,945 points.

Analysts noted that the market opened on a strong note as bulls drove the index up by as much as 1,101 points during intraday trading. Optimism was largely fueled by news of Pakistan finalizing a Rs1.275 trillion financing agreement with 18 commercial banks to address the mounting circular debt in the power sector.

Despite the early rally, investors chose to secure profits, trimming the momentum. As a result, the KSE-100 index settled with a modest gain of 291 points (+0.18%), reflecting cautious optimism among market participants.

K-Electric (KEL) emerged as the day’s highlight, recording its highest-ever trading volumes in a single session. Improved earnings and renewed investor confidence contributed to its strong performance. On the sectoral front, PPL, HUBC, UBL, and KEL collectively added +538 points, while FFC, SYS, EFERT, and MEBL exerted -256 points of pressure on the index.

In terms of value, PPL led trading with PKR 7.68 billion, followed by KEL at PKR 4.49 billion, OGDC at PKR 3.91 billion, PSO at PKR 3.60 billion, and HUBC at PKR 2.32 billion.

Overall activity strengthened compared to the previous session, with total volumes rising to 1,779 million shares and the traded value climbing to PKR 54.4 billion. Market watchers believe the KSE-100 index is likely to remain volatile as investors weigh profit-taking against positive economic developments.