Pakistan Stock Exchange (PSX) Closes Higher Amid Renewed Investor Confidence

Date: March 4, 2025​psx.com.pk+9psx.com.pk+9dps.psx.com.pk+9

Market Summary: The Pakistan Stock Exchange (PSX) concluded today’s session on a positive note, with the benchmark KSE-100 Index closing at 112,743.79 points, marking an increase of 756.91 points or 0.68% from the previous close of 111,986.88 points. This uptick reflects renewed investor confidence following recent market corrections. ​dps.psx.com.pk

Key Indices Performance:

• KSE All Share Index: 70,048.66 points, up 435.92 points (0.62%)​dps.psx.com.pk+1psx.com.pk+1
• KSE-30 Index: 34,967.58 points, an increase of 291.61 points (0.84%)​dps.psx.com.pk+1psx.com.pk+1
• KMI-30 Index: 168,643.81 points, rising by 1,528.86 points (0.91%)​dps.psx.com.pk+1psx.com.pk+1

Market Activity:

• Total Volume Traded: 206,851,125 shares​psx.com.pk
• Total Value Traded: PKR 11.34 billion​
• Number of Trades: 150,400​psx.com.pk

Top Gainers:

1. Oil & Gas Development Company (OGDC): Increased by 2.09%​scstrade.com+9dps.psx.com.pk+9tradinghours.com+9
2. Pakistan Petroleum Limited (PPL): Rose by 2.21%​
3. Mari Petroleum (MARI): Gained 1.33%​

Top Losers:

1. Pakgen Power (PKGP): Decreased by 8.95%​
2. Cnergyico PK (CNERGY): Fell by 7.85%​
3. Interloop Limited (ILP): Dropped by 4.63%​

Market Insights: Today’s positive performance is attributed to several factors:​

1. Technical Correction: Following consecutive sessions of declines, the market experienced a technical rebound as investors sought value in oversold stocks.​
2. Sectoral Support: The oil and gas exploration sector led the gains, with major companies like OGDC, PPL, and MARI posting notable increases, bolstering the overall index.​
3. Investor Sentiment: Improved investor sentiment, driven by expectations of favorable economic indicators, contributed to the market’s upward trajectory.​

Outlook for Tomorrow: Analysts anticipate that the market may continue its recovery in the upcoming sessions, provided positive economic developments persist. Investors are advised to monitor corporate earnings announcements and macroeconomic indicators closely, as these factors will likely influence market dynamics.​

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