📅 Date: March 13, 2025
📍 Closing Market Update
The Pakistan Stock Exchange (PSX) closed higher today after a volatile session, as investors reacted to the State Bank of Pakistan’s (SBP) monetary policy stance and ongoing corporate earnings announcements. The KSE-100 Index closed at 114,510.65 points, recording a gain of 330.20 points or 0.29%, supported by buying in oil & gas, banking, and power sectors.
📊 Key Indices Performance
- KSE All Share Index: 71,450.80 points (+338.50 points, +0.48%)
- KSE-30 Index: 35,512.90 points (+193.62 points, +0.55%)
- KMI-30 Index: 173,850.45 points (+829.70 points, +0.48%)
📈 Market Activity
- Total Volume Traded: 312.45 million shares
- Total Value Traded: PKR 20.75 billion
- Number of Trades: 195,620
🏆 Top Gainers & Losers
📈 Top Gainers:
1️⃣ Oil & Gas Development Company (OGDC) ▲ +3.12%
2️⃣ Habib Bank Limited (HBL) ▲ +2.78%
3️⃣ Pakistan Petroleum Limited (PPL) ▲ +2.15%
📉 Top Losers:
1️⃣ TRG Pakistan (TRG) ▼ -2.45%
2️⃣ Engro Corporation (ENGRO) ▼ -1.89%
3️⃣ Maple Leaf Cement (MLCF) ▼ -1.67%
📢 Market Insights & Key Developments
📌 Monetary Policy Impact:
The SBP’s decision to maintain the interest rate at 12% led to investor confidence in stable financial conditions, attracting buying in the banking and energy sectors.
📌 Sector-Wise Performance:
- Oil & Gas sector outperformed, led by OGDC and PPL, as global crude oil prices remained firm.
- Banking stocks gained, with HBL and UBL seeing increased institutional buying.
- Cement and tech sectors faced mild selling pressure, as investors booked profits.
📌 Foreign & Institutional Interest:
- Foreign investors remained net buyers, particularly in energy and financial stocks.
- Local investors engaged in selective profit-taking, keeping the market range-bound.
🔮 Market Outlook for Tomorrow
🔹 Bullish Momentum Expected: With investors gaining confidence in key sectors, PSX may continue its upward trend.
🔹 Key Resistance & Support Levels:
- Resistance: 115,000 – 115,500 points
- Support: 113,900 – 114,200 points
🔹 Stocks to Watch: Energy, banking, and blue-chip companies will remain in focus.
🚀 Will PSX continue its bullish trend tomorrow? Stay updated with the latest market insights at DailyForex.pk 📊🔥