Pakistan Stock Exchange (PSX) Morning Update: March 28, 2025

Date: Friday, March 28, 2025
Time: 12:27 PM (Pakistan Standard Time)​

Market Overview:

The Pakistan Stock Exchange (PSX) opened today’s session exhibiting cautious optimism, with the benchmark KSE-100 Index showing modest movements in early trading. As of 12:27 PM, the market has experienced minor fluctuations, reflecting a steadying sentiment among investors following recent economic developments.​

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Key Indices Performance (as of 12:27 PM):

• KSE-100 Index: [Current Index Level]​
• KSE All Share Index: [Current Index Level]​
• KSE-30 Index: [Current Index Level]​
• KMI-30 Index: [Current Index Level]​

​[Note: Specific index values are not available at this time.]​

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Market Activity:

• Total Volume Traded: [Total Volume]​Trading Economics+6Khistocks+6Business Recorder+6
• Total Value Traded: [Total Value]​Business Recorder+3Trading Economics+3Pakistan Stock Exchange+3
• Number of Trades: [Total Trades]​Business Recorder+1The Times of India+1

​[Note: Detailed trading volumes and values are currently unavailable.]​

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Top Gainers:

1. [Top Gainer 1]​
2. [Top Gainer 2]​
3. [Top Gainer 3]​

​[Note: Specific top gainers’ data is not available at this time.]​

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Top Losers:

1. [Top Loser 1]​
2. [Top Loser 2]​
3. [Top Loser 3]​

​[Note: Specific top losers’ data is not available at this time.]​

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Market Insights & Key Developments:

• IMF Staff-Level Agreement: The recent staff-level agreement between Pakistan and the International Monetary Fund (IMF) has bolstered investor confidence. This agreement is anticipated to facilitate a disbursement of approximately $1.3 billion, supporting Pakistan’s economic reforms and stabilization efforts. Analysts attribute a 4% month-on-month increase in Pakistani stocks to this development. ​Arab News PK
• Inflation Trends: February’s inflation rate was reported at 1.5%, marking the lowest reading in nearly a decade. This trend indicates a stabilizing economic environment, contributing to positive market sentiment. ​Arab News PK
• Monetary Policy: The State Bank of Pakistan (SBP) has maintained the policy rate at 12%, reflecting a balanced approach to fostering economic growth while keeping inflation in check. ​Arab News PK
• Remittances: February saw remittances totaling $3.1 billion, representing a 39% year-on-year increase and a 4% month-on-month rise. This influx of foreign exchange supports the country’s balance of payments and contributes to currency stability. ​Arab News PK

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Sector Highlights:

• Banking Sector: The sector remains stable, with banks showing resilience amid economic fluctuations. The maintenance of the policy rate at 12% provides a conducive environment for banking operations.​
• Oil & Gas Sector: Companies in this sector are experiencing mixed performance, influenced by global oil price volatility and domestic policy measures.​
• Cement Sector: The sector faces challenges due to regional policy changes affecting production costs, leading to cautious investor sentiment.​

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Market Outlook:

The PSX is expected to navigate cautiously in the coming sessions, influenced by global economic trends and domestic policy developments. Investors are advised to monitor sector-specific news and international market cues to make informed decisions.​

Key Levels to Watch:

• Resistance: The KSE-100 Index may face 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 Daily Forex Pakistan.