Karachi, March 25, 2025 – The KSE-100 index of the Pakistan Stock Exchange (PSX) gained 193 points on Tuesday amid a highly volatile trading session.
The KSE-100 closed at 116,633 points, up from the previous day’s 116,440 points, reflecting a modest recovery despite strong fluctuations throughout the day.
Market Performance and Volatility
Analysts at Topline Securities Limited highlighted that the PSX witnessed a turbulent session, as the KSE-100 index initially surged by 464 points, driven by renewed buying interest. However, this positive momentum was short-lived, as profit-taking led to an intraday low of 561 points before the market managed to stabilize and close in positive territory. The lack of clarity surrounding the IMF review and uncertainty regarding the Staff-Level Agreement (SLA) kept investors cautious, contributing to the volatility.
Key Contributors to KSE-100 Movement
The positive momentum in the KSE-100 index was largely supported by major stocks such as OGDC, HUBC, PSO, MEBL, and SNGP, which collectively added 394 points. On the downside, stocks including SYS, TRG, and UBL dragged the index, erasing 153 points from the gains. The mixed performance across different sectors resulted in a highly dynamic trading environment at the PSX.
Earnings and Trading Volumes
On the corporate earnings front, PAEL announced its 4QFY24 financial results, posting an EPS of Rs 0.58, bringing its FY24 EPS to Rs 2.72, with no cash payout declared. The overall trading activity remained robust, with the PSX recording a total volume of 267 million shares and a turnover of Rs 19.4 billion. PAEL emerged as the most traded stock of the session, with 23.5 million shares changing hands.
Market Outlook
Despite the volatility, analysts remain cautiously optimistic about the PSX in the coming sessions. The KSE-100 index continues to reflect investor sentiment tied to economic developments, policy clarity, and external market factors. Traders and investors are advised to monitor key macroeconomic indicators and global trends that may influence market direction in the near future.