📅 Date: March 14, 2025
📍 Closing Market Update
The Pakistan Stock Exchange (PSX) closed on a positive note today, extending its bullish momentum as investors remained optimistic about corporate earnings and economic stability. The KSE-100 Index settled at 114,885.30 points, gaining 374.65 points or 0.33% compared to the previous close. Buying activity in banking, energy, and cement stocks drove the market higher, while profit-taking was observed in select technology and consumer sectors.
📊 Key Indices Performance
- KSE All Share Index: 71,825.40 points (+374.60 points, +0.52%)
- KSE-30 Index: 35,715.50 points (+202.60 points, +0.57%)
- KMI-30 Index: 174,480.00 points (+629.55 points, +0.36%)
📈 Market Activity
- Total Volume Traded: 322.18 million shares
- Total Value Traded: PKR 21.47 billion
- Number of Trades: 201,750
🏆 Top Gainers & Losers
📈 Top Gainers:
1️⃣ Oil & Gas Development Company (OGDC) ▲ +3.25%
2️⃣ United Bank Limited (UBL) ▲ +2.85%
3️⃣ Pakistan Petroleum Limited (PPL) ▲ +2.30%
📉 Top Losers:
1️⃣ TRG Pakistan (TRG) ▼ -2.85%
2️⃣ Engro Corporation (ENGRO) ▼ -1.75%
3️⃣ Maple Leaf Cement (MLCF) ▼ -1.50%
📢 Market Insights & Key Developments
📌 Corporate Earnings Drive Optimism:
Several blue-chip companies reported strong quarterly earnings, boosting investor confidence. The banking and energy sectors benefited the most, as institutions showed increased interest.
📌 Oil & Gas Sector Leads the Market:
- OGDC, PPL, and Mari Petroleum saw heavy buying, supported by stable global crude oil prices and positive earnings expectations.
- Foreign investors were net buyers, particularly in energy and financial stocks.
📌 SBP’s Monetary Policy & Economic Stability:
- The State Bank of Pakistan’s decision to keep the interest rate unchanged at 12% continued to support banking stocks, with UBL and HBL gaining momentum.
- The Pakistani Rupee remained stable at PKR 280.40/USD, reflecting economic stability.
🔮 Market Outlook for Next Week
🔹 Continued Bullish Sentiment Expected: As corporate earnings continue to roll out, investors will likely focus on key sectors such as banking, energy, and cement.
🔹 Resistance & Support Levels:
- Resistance: 115,500 – 116,000 points
- Support: 114,200 – 114,500 points
🔹 Sectors to Watch: Banking, energy, and blue-chip stocks are expected to remain in focus.
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