Karachi, February 7, 2025 – The KSE-100 index of the Pakistan Stock Exchange (PSX) rebounded on Friday, posting a modest gain of 22 points following three consecutive sessions of decline.
The KSE-100 index closed at 110,323 points, recovering slightly from the previous day’s closing at 110,301 points.
Market analysts pointed to improving economic indicators as the key reason behind the halt in the market’s downward trajectory. “Several stocks have now reached attractive valuation levels, and we may soon witness a trend reversal,” noted Intermarket Securities in an advisory report released earlier on Friday.
On Thursday, the KSE-100 saw continued selling pressure, closing lower by more than 1,600 points at 110,301. The overall market sentiment remained cautious, with investors closely monitoring developments related to economic policies and taxation measures.
The first three trading sessions of the week were particularly challenging for the KSE-100, witnessing a substantial decline amid speculations surrounding a new tax package for the real estate sector. Investors feared that approval of this package could divert significant investment away from the stock market and into real estate, leading to heavy selling pressure on equities.
Despite this uncertainty, Friday’s slight rebound in the KSE-100 suggests that investor confidence is beginning to stabilize. Many market participants are now expecting a recovery, particularly as economic fundamentals continue to show signs of resilience. The KSE-100 has historically demonstrated the ability to bounce back following periods of volatility, and experts believe that bargain hunters could play a key role in driving a market turnaround.
The coming days will be crucial in determining the market’s direction, as investors await further clarity on policy measures and economic reforms. If stability continues, the KSE-100 could regain its upward momentum, attracting fresh investments and restoring confidence in the stock market.
With ongoing fluctuations in the global and local financial landscape, the KSE-100 remains a focal point for investors assessing Pakistan’s economic outlook. As trading resumes next week, all eyes will be on whether the index can sustain this recovery or face renewed selling pressure.