📅 Date: March 13, 2025
📍 Market Opening Update
The Pakistan Stock Exchange (PSX) opened flat today, reflecting continued investor caution following the State Bank of Pakistan’s (SBP) decision to maintain the key policy rate at 12%. As of 9:45 AM, the KSE-100 Index stands at 114,175.20 points, a slight decrease of 5.25 points or 0.004% from the previous close. The market remains range-bound, with traders carefully analyzing macroeconomic indicators and corporate earnings.
📊 Previous Session Recap – March 12, 2025
The PSX closed marginally higher, with the KSE-100 Index settling at 114,180.45 points, marking a modest gain of 2.80 points (0.002%). The session remained volatile, with investors showing mixed sentiments after the SBP opted for a rate pause, keeping liquidity concerns in check.
🔹 Sector Performance:
- Oil & Gas sector outperformed, with OGDC, PPL, and Mari Petroleum leading the gains.
- Banking stocks remained stable, benefiting from the steady interest rate outlook.
- Cement and technology sectors saw mild selling pressure, as investors adopted a wait-and-see approach.
🔹 Foreign & Institutional Participation:
- Foreign investors remained net buyers, focusing on energy and financial stocks.
- Local institutions engaged in selective profit-taking, keeping overall market activity moderate.
📈 Key Indices Performance:
- KSE All Share Index: 71,112.30 points (+103.14 points, +0.15%)
- KSE-30 Index: 35,319.28 points (+9.59 points, +0.03%)
- KMI-30 Index: 173,020.75 points (+15.25 points, +0.01%)
📉 Market Activity:
- Total Volume Traded: 278.45 million shares
- Total Value Traded: PKR 19.12 billion
- Number of Trades: 182,890
🏆 Top Gainers & Losers (March 12, 2025)
📈 Top Gainers:
1️⃣ Oil & Gas Development Company (OGDC) ▲ +2.15%
2️⃣ Pakistan Petroleum Limited (PPL) ▲ +1.87%
3️⃣ Bank Al Habib (BAHL) ▲ +1.21%
📉 Top Losers:
1️⃣ TRG Pakistan (TRG) ▼ -3.45%
2️⃣ Engro Corporation (ENGRO) ▼ -2.19%
3️⃣ Lucky Cement (LUCK) ▼ -1.78%
📢 Market Insights & Key Developments
📌 Monetary Policy Impact:
The SBP’s decision to maintain interest rates has led to muted market activity, with investors awaiting further clarity on inflation trends and fiscal policies.
📌 Earnings Season & Corporate Developments:
Upcoming corporate earnings reports will set the tone for specific stocks and determine investor sentiment for the remainder of March. Companies in banking, cement, and energy sectors will be in focus.
📌 Forex & Economic Indicators:
- The PKR remains stable against the USD, trading at PKR 280.50/USD, supporting investor confidence in economic stability.
- Inflation data for March is expected next week, which could influence future monetary policy decisions.
🔮 Market Outlook for Today
🔹 Consolidation Expected: The market is likely to trade within a narrow range as investors analyze the impact of the SBP rate decision and corporate earnings.
🔹 Sector Rotation: Oil & gas, banking, and export-driven stocks may attract fresh buying, while cement and tech stocks could see mild correction.
🔹 Key Resistance & Support Levels:
- Resistance: 114,800 – 115,200 points
- Support: 113,500 – 113,800 points
🚀 Will PSX break out of its consolidation phase? Stay updated with live market insights at DailyForex.pk 📊