Pakistan Stock Exchange (PSX) Closes Lower Amid Profit-Taking and Global Market Pressures

Date: March 24, 2025​

Market Summary: The Pakistan Stock Exchange (PSX) experienced a downturn today as investors engaged in profit-taking activities, influenced by global market uncertainties. The benchmark KSE-100 Index declined by 2,002.55 points, closing at 116,439.62, marking a 1.69% decrease from the previous session. ​Hamariweb.com+2PSX Data Portal+2Pakistan Stock Exchange+2

Key Indices Performance:

• KSE All Share Index: Decreased by 1,099.42 points (1.52%) to 72,366.80.​PSX Data Portal
• KSE-30 Index: Fell by 672.47 points (1.88%) to 35,703.04.​PSX Data Portal+2Hamariweb.com+2Pakistan Stock Exchange+2
• KMI-30 Index: Dropped by 4,634.13 points (2.58%) to 179,654.23.​PSX Data Portal+1Hamariweb.com+1

Market Activity:

• Total Volume Traded: Approximately 311.97 million shares.​Hamariweb.com+2PSX Data Portal+2Pakistan Stock Exchange+2
• Total Value Traded: Around PKR 20.95 billion.​PSX Data Portal
• Number of Trades: Totaled 230,089.​PSX Data Portal+2Pakistan Stock Exchange+2Hamariweb.com+2

Top Gainers:

1. Pakistan International Airlines Corporation (PIA): Increased by 1.12%.​PSX Data Portal+1PSX Data Portal+1
2. The Bank of Punjab (BOP): Rose by 0.49%.​
3. Dewan Motors (DWM): Gained 0.65%.​Pakistan Stock Exchange

Top Losers:

1. Oil & Gas Development Company (OGDC): Declined by 4.03%.​Pakistan Stock Exchange
2. Pakistan Petroleum Limited (PPL): Fell by 3.59%.​
3. Mari Petroleum Company Limited (MARI): Decreased by 2.15%.​

Market Insights & Key Developments:

• Profit-Taking: After a series of gains in the previous sessions, investors opted to realize profits, leading to a broad-based sell-off across various sectors.​
• Global Market Pressures: Uncertainties in international markets, including fluctuating commodity prices and geopolitical tensions, contributed to cautious investor sentiment.​
• Oil & Gas Sector: The sector faced significant declines due to a drop in global crude oil prices, impacting major companies like OGDC and PPL.​

Outlook for the Coming Days:

• Market Sentiment: While today’s decline reflects short-term profit-taking, the overall economic indicators remain stable. Investors are advised to monitor global developments and corporate earnings reports for future market direction.​
• Sectors to Watch: The banking and automobile sectors showed resilience today and may continue to attract investor interest.​
• Key Levels: The KSE-100 Index has immediate support at 116,000 points, with resistance expected around 118,000 points.​

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