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Date: March 14, 2025
๐ Morning Market Update
The Pakistan Stock Exchange (PSX) opened the day flat, with investors cautiously analyzing economic data, global market trends, and corporate earnings. As of 9:45 AM, the KSE-100 Index stands at 114,512.50 points, showing a minor gain of 1.85 points or 0.002% from the previous close. While early buying was seen in banking, energy, and consumer stocks, the market remains range-bound as traders assess macroeconomic indicators.
The KSE-100 Index ended the previous session in positive territory, closing at 114,510.65 points, registering a gain of 330.20 points (0.29%). Foreign investors were net buyers, while local investors engaged in selective profit-taking, particularly in cement and technology stocks.
๐น Sector Performance:
๐น Foreign & Institutional Participation:
๐ Top Gainers:
1๏ธโฃ Oil & Gas Development Company (OGDC) โฒ +3.12%
2๏ธโฃ Habib Bank Limited (HBL) โฒ +2.78%
3๏ธโฃ Pakistan Petroleum Limited (PPL) โฒ +2.15%
๐ Top Losers:
1๏ธโฃ TRG Pakistan (TRG) โผ -2.45%
2๏ธโฃ Engro Corporation (ENGRO) โผ -1.89%
3๏ธโฃ Maple Leaf Cement (MLCF) โผ -1.67%
๐ Economic & Policy Factors:
๐ Sector-Wise Trends to Watch:
๐น Banking: Expected to remain strong, as investors seek stability amid uncertain economic conditions.
๐น Oil & Gas: Global crude oil price trends will influence trading in OGDC, PPL, and Mari Petroleum.
๐น Cement & Construction: Could face pressure due to higher input costs and slow infrastructure activity.
๐น Consolidation Phase: The market may trade within a tight range as investors await corporate earnings reports and economic indicators.
๐น Key Resistance & Support Levels:
๐ Will PSX maintain its upward momentum? Stay updated with real-time market insights at DailyForex.pk ๐๐ฅ
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