Friday, August 29 2025

PSX extends losing streak for fourth session
The Pakistan Stock Exchange (PSX) extended its losing streak for a fourth consecutive session on Thursday, as investor sentiment remained subdued amid concerns over flooding in key agricultural regions and macroeconomic unce­rtainty. The KSE-100 index settled at 147,343.51, down 150.52 points or 0.10 per cent, after recording an intraday high of 148,042 and a low of 147,210, reflecting a volatile but directionless trading day confined to an 833-point band. Despite support from select heavyweights, including Sazgar Engi­neering, Lucky Cement, and United Bank — adding a combined 206 points to the index — selling pressure in Habib Bank, Fauji Fertiliser, Bank Al-Habib, Faysal Bank, and Systems Ltd collectively shaved off 477 points. Traded volume rose 9.2pc to 935.5 million shares, while traded value climbed 14.4pc to Rs33.5bn. Pace Pakistan topped the volume chart with 71.4m shares exchanged.
Related news categories: business economic-indicators psx stock-exchanges

Thursday, August 28 2025

Index slips on flood warnings, rollover jitters
The Pakistan Stock Exchange (PSX) extended its losses for the third consecutive session on Wednesday, as investors remained cautious amid fresh flood warnings and economic concerns, coupled with rollover pressure ahead of the expiry of futures contracts. The benchmark KSE-100 index shed 941 points, closing below the 147,500 level. An early rebound was short-lived as selling pressure dominated the session, with risk aversion prevailing among investors. According to Topline Securities Ltd, the market remained under pressure due to futures rollover activity and heightened flood alerts issued by the National Disaster Management Authority (NDMA). The NDMA warned of “very high to exceptionally high” flood risks in Lahore and several areas of Punjab due to heavy rainfall and India’s release of water, prompting calls for military assistance in six districts.
Related news categories: business economic-indicators psx stock-exchanges

Wednesday, August 27 2025

PSX loses 677 points on IMF concerns
The Pakis­tan Stock Exchange (PSX) took a dip on Monday, as investors opted to take profits amid growing concerns over the release of the third tranche of the International Monetary Fund (IMF) loan. The market saw a volatile session, with the benchmark KSE-100 index fluctuating sharply before closing down. Ahsan Mehanti of Arif Habib Corporation attributed the bearish market performance to institutional profit-taking in an overbought market. He highlighted the impact of flat government bond yields, foreign outflows, concerns over external debt, and losses in state-owned enterprises (SOEs). Furthermore, uncertainty surrounding the outcome of the IMF’s next review, particularly the unmet conditions for provincial tax collection, added to investor anxiety. Topline Securities reported that the bourse began the “rollover week” on a volatile note. After hitting an intraday high of 586 points, the index dropped sharply by 735 points, closing at 148,815—down by 677 points, or 0.45 per cent. Investors opted for cautious trading, booking gains amid the uncertainty.
Related news categories: business economic-indicators psx stock-exchanges

Tuesday, August 26 2025

PSX loses 677 points on IMF concerns
The Pakis­tan Stock Exchange (PSX) took a dip on Monday, as investors opted to take profits amid growing concerns over the release of the third tranche of the International Monetary Fund (IMF) loan. The market saw a volatile session, with the benchmark KSE-100 index fluctuating sharply before closing down. Ahsan Mehanti of Arif Habib Corporation attributed the bearish market performance to institutional profit-taking in an overbought market. He highlighted the impact of flat government bond yields, foreign outflows, concerns over external debt, and losses in state-owned enterprises (SOEs). Furthermore, uncertainty surrounding the outcome of the IMF’s next review, particularly the unmet conditions for provincial tax collection, added to investor anxiety. Topline Securities reported that the bourse began the “rollover week” on a volatile note. After hitting an intraday high of 586 points, the index dropped sharply by 735 points, closing at 148,815—down by 677 points, or 0.45 per cent. Investors opted for cautious trading, booking gains amid the uncertainty.
Related news categories: business economic-indicators psx stock-exchanges

Monday, August 25 2025

PSX extends northward journey for ninth straight week
Extending the bullish spell for the ninth straight week, the KSE-100 index posted a solid gain of over 2 per cent, closing at 149,493 points, buoyed by strong buying interest and an influx of mutual fund investments. The positive momentum came despite political uncertainties and a volatile market environment. During the week, foreign inflows into mutual funds stood at $55.5m, contributing significantly to the market’s upward movement. According to Topline Securities, the index was also supported by positive developments on the macroeconomic front, including a narrowing of Pakistan’s current account deficit to $254m in July, down from $348m in the same month last year. Additionally, industrial growth remained positive, with IT exports rising 24pc year-on-year in July, reaching $354m, up from $286m in July 2024. The Large-Scale Manufactu­ring (LSM) index also grew by 4.1pc year-on-year in June.
Related news categories: business economic-indicators psx stock-exchanges