Karachi, May 2, 2025 — The Pakistan Stock Exchange (PSX) witnessed a sharp recovery on Friday as the KSE-100 index rebounded by 2,787 points, fueled by renewed investor optimism and improving regional sentiment.
After two consecutive sessions of downward pressure, the KSE-100 index staged a strong comeback, closing at 114,114 points, up from its previous close of 113,327 on April 30, 2025. The market remained closed on May 1 due to the Labor Day public holiday.
Market analysts at Topline Securities attributed Friday’s rally in the KSE-100 index to positive geopolitical developments. Specifically, statements from the U.S. administration suggesting efforts to de-escalate tensions between India and Pakistan were viewed as encouraging by investors. This apparent diplomatic assurance helped lift market sentiment and drove buying interest across various sectors.
The index gained 2.50% by the session’s close, marking one of the most robust single-day rallies in recent months. Heavyweights such as United Bank Limited (UBL), Engro Fertilizers (EFERT), Hub Power Company (HUBC), Lucky Cement (LUCK), Meezan Bank (MEBL), and Habib Bank Limited (HBL) made significant contributions to the KSE-100’s gain, adding a collective 1,238 points to the index.
In terms of trading activity, Lucky Cement led by traded value at Rs1.53 billion, followed by Sui Northern Gas Pipelines (SNGP) at Rs1.39 billion, D.G. Khan Cement (DGKC) at Rs1.26 billion, Mari Petroleum (MARI) at Rs1.02 billion, and UBL at Rs978 million.
Overall, the trading volume reached 371 million shares, while the total traded value stood at Rs23.27 billion for the day. The volume leader was Sui Southern Gas Company (SSGC), which saw 29.3 million shares changing hands.
Market watchers believe that if regional tensions remain in check and macroeconomic indicators show signs of stability, the KSE-100 index could maintain its upward trajectory in the near term.
Investors will be closely watching upcoming economic data and any further diplomatic developments that could influence the performance of the index in the coming sessions.