Pakistan Stock Exchange (PSX) Morning Update: Modest Gains Amidst Cautious Optimism

Date: March 27, 2025

Morning Market Overview:

The Pakistan Stock Exchange (PSX) opened today’s session with modest gains, reflecting cautious optimism among investors. As of 12:14 PM, the benchmark KSE-100 Index stands at 117,866.61 points, marking an increase of 94.30 points or 0.08% from the previous close. The market’s performance indicates a steady recovery following recent fluctuations influenced by global economic factors and domestic policy developments.​PSX Data Portal

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Key Indices Performance (as of 12:14 PM):

• KSE-100 Index: 117,866.61 points ▲ 94.30 (0.08%)​
• KSE All Share Index: 73,397.55 points ▲ 108.83 (0.15%)​PSX Data Portal
• KSE-30 Index: 36,341.65 points ▲ 45.34 (0.12%)​PSX Data Portal
• KMI-30 Index: 183,212.22 points ▲ 53.72 (0.03%)​PSX Data Portal
• BKTI Index: 25,992.99 points ▲ 246.43 (0.96%)​PSX Data Portal
• OGTI Index: 30,237.15 points ▼ 120.20 (-0.40%)​PSX Data Portal

​The OGTI Index experienced a slight decline, primarily due to fluctuations in global oil prices affecting the oil and gas sector.​

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Market Activity:

• Total Volume Traded: Approximately 123.21 million shares.​Pakistan Stock Exchange+2Log in or sign up to view+2PSX Data Portal+2
• Total Value Traded: Around PKR 11.59 billion.​
• Number of Trades: Totaled 126,652.​PSX Data Portal

​The trading volume reflects active participation, with investors showing interest across various sectors.​

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Top Gainers:

1. AL-Ghazi Tractors (AGTL): Trading at PKR 532.20, down PKR 3.78 from the previous close, with a volume of 1,876 shares.​
2. Atlas Honda Ltd (ATLH): Currently at PKR 940.00, a decrease of PKR 2.33, with 2,305 shares traded.​Pakistan Stock Exchange
3. Dewan Motors (DWM): Priced at PKR 44.51, down PKR 0.16, with a trading volume of 546,805 shares.​Pakistan Stock Exchange

​These companies have shown resilience, attracting investor interest due to their strong fundamentals and recent positive developments.​

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Top Losers:

1. Ghandhara Automobile (GHNL): Trading at PKR 469.75, an increase of PKR 0.19, with 245,508 shares traded.​Pakistan Stock Exchange
2. Ghandhara Ind. (GHNI): Currently at PKR 759.99, up PKR 2.10, with a volume of 250,089 shares.​Pakistan Stock Exchange
3. Hinopak Motor (HINO): Priced at PKR 369.99, gaining PKR 4.86, with 1,066 shares traded.​

​The declines in these stocks are attributed to sector-specific challenges and profit-taking by investors.​

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Market Insights & Key Developments:

• IMF Staff-Level Agreement: The recent staff-level agreement with the International Monetary Fund (IMF) is a significant milestone for Pakistan’s economic stability. This development has bolstered investor confidence, contributing to the market’s positive performance. ​Mettis Global
• Monetary Policy Adjustments: The State Bank of Pakistan (SBP) has raised PKR 981 billion through floating rate Pakistan Investment Bonds (PIBs), indicating a strategic move to manage liquidity and control inflation. ​Mettis Global
• Currency Appreciation: The Pakistani Rupee (PKR) has appreciated by 16 paisa per USD, reflecting improved foreign exchange reserves and a positive outlook on the country’s economic health. ​Mettis Global
• Commodity Prices: The price of gold in Pakistan remains unchanged, with 24-karat gold being sold at PKR 317,800 per tola, indicating stability in the precious metals market. ​Mettis Global

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Sector Highlights:

• Automobile Sector: Companies like AL-Ghazi Tractors and Atlas Honda Ltd are experiencing minor declines, possibly due to supply chain challenges and fluctuating demand.​Pakistan Stock Exchange
• Oil & Gas Sector: The sector is facing slight pressure, as indicated by the OGTI Index decline, due to global oil price volatility.​
• Banking Sector: Banks are showing stability, with moderate gains reflecting investor confidence in the financial system’s resilience.​

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Market Outlook:

The PSX is expected to maintain a steady trajectory, supported by positive macroeconomic indicators and policy measures aimed at sustaining growth. Investors are advised to monitor developments related to the IMF agreement and global economic trends, as these will influence market dynamics in the coming sessions.​

Key Levels to Watch:

• Resistance: The KSE-100 Index may encounter resistance around the 118,500 level.​
• Support: Strong support is anticipated near the 117,500 mark.​

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Stay Informed:

For real-time updates and detailed analyses, visit DailyForex.pk.