News

Pakistan Stock Exchange (PSX) Closes Lower Amid Selling Pressure

Date: February 26, 2025

Market Summary: The Pakistan Stock Exchange (PSX) experienced a downturn today, with the benchmark KSE-100 Index closing at 113,862.32 points, a decrease of 665.76 points or 0.58%.

dps.psx.com.pk

Key Indices Performance:

  • KSE All Share Index: 70,589.56 points, down 395.98 points (0.56%)
  • KSE-30 Index: 35,400.86 points, down 298.09 points (0.84%)
  • KMI-30 Index: 170,868.32 points, down 1,618.89 points (0.94%)

Market Activity:

  • Total Volume Traded: 640,178,422 shares
  • Total Value Traded: PKR 22.74 billion
  • Number of Trades: 265,286

Top Gainers:

  1. Bank AL Habib (BAHL): Increased by 2.73%
  2. MCB Bank (MCB): Rose by 1.96%
  3. Oil & Gas Development Company (OGDC): Gained 1.41%

Top Losers:

  1. Fauji Fertiliser Company (FFC): Decreased by 0.54%
  2. Hub Power (HUBC): Fell by 1.15%
  3. TRG Pakistan (TRG): Dropped by 5.07%

Market Insights: Today’s decline is attributed to profit-taking by investors following a modest rally in the previous session. Despite positive financial results in key sectors such as banking and oil & gas, the market faced selling pressure, leading to the observed downturn.

tribune.com.pk

Outlook for Tomorrow: Analysts suggest that the market may experience cautious trading in the upcoming session. Factors such as upcoming economic data releases and global market trends are expected to influence investor sentiment. Investors are advised to monitor these developments closely and consider sector-specific opportunities.

Stay updated with the latest market news and insights at DailyForex.pk.

Hamza Shah

Recent Posts

GBP/USD Outlook: Pound Strengthens Near 1.3450 Amid Dovish Fed Remarks and Mixed UK Jobs Data

GBP/USD edges higher toward 1.3450 as dovish Fed comments support the Pound, despite mixed UK…

2 days ago

Crypto Price Forecast: Bitcoin Eyes Record High, Ethereum Targets $4K, Ripple Soars to New Peak

Bitcoin approaches record highs, Ethereum targets the $4,000 mark, and Ripple (XRP) hits a new…

2 days ago

EUR/USD Rises Above 1.1600 as Fed Dovish Tone Eases Market Jitters

EUR/USD climbs past 1.1600 as the Fed’s dovish stance calms market nerves, boosting demand for…

2 days ago

EUR/JPY Forecast: Bullish Momentum Holds Above 100-Day EMA, But Overbought RSI Signals Caution

EUR/JPY holds above the 100-day EMA, maintaining bullish momentum, though overbought RSI levels suggest a…

2 days ago

Gold Price Forecast: Bullish Momentum Builds as XAU/USD Bounces Off Key Support

Gold (XAU/USD) rebounds off key support, with bullish momentum building as traders watch for further…

2 days ago

USD/JPY and AUD/USD Forecast: Central Bank Policies and US Sentiment in Focus

USD/JPY and AUD/USD remain sensitive to Fed and BoJ policy signals, while US market sentiment…

2 days ago