KSE-100 Loses 78 Points in Range-Bound Trading

KSE-100 Loses 78 Points in Range-Bound Trading

Karachi, February 27, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) recorded a marginal loss of 78 points on Thursday, as investors navigated a session characterized by range-bound activity.

The KSE-100 index closed at 113,784 points, down from the previous day’s closing level of 113,862 points.

According to analysts at Topline Securities Limited, the KSE-100 index exhibited fluctuations throughout the session, reaching an intraday high of 595 points before experiencing a low of 133 points. The lack of significant market-moving developments contributed to mixed investor sentiment, resulting in a modest decline of 0.07% at closing.

Market experts highlighted that positive momentum within key stocks, such as OGDC, PPL, SNGP, PKGP, and MEBL, provided upward support to the KSE-100 index, collectively adding 231 points. However, negative contributions from stocks including LUCK, HBL, and PSO counterbalanced these gains, pulling the index down by 132 points.

Despite the slight dip, overall market participation remained strong. A total of 397 million shares exchanged hands, leading to a cumulative turnover of Rs 19 billion. CNERGY emerged as the volume leader, with 71 million shares being traded, reflecting heightened investor interest in the energy sector.

The KSE-100 index has been experiencing volatile movements in recent sessions, reflecting uncertainty among investors due to external economic factors. Experts believe that ongoing global market trends, coupled with domestic policy decisions, will continue to influence the performance of the KSE-100 index in the near future.

While some sectors showed resilience, traders remained cautious amid concerns over inflationary pressures and monetary policy outlooks. The KSE-100 index is expected to see improved stability if foreign investments and corporate earnings provide positive cues. In the coming days, analysts suggest keeping a close watch on blue-chip stocks and policy announcements that could influence investor confidence.

As the KSE-100 index moves forward, market participants are assessing potential catalysts that could drive momentum. The index’s performance will likely be shaped by earnings reports, macroeconomic indicators, and sector-specific developments that could determine the direction of trading activity in the days ahead.