Date: March 10, 2025
Opening Update: As of 10:10 AM, the KSE-100 Index has risen by 318.25 points, reaching 114,716.94 points, reflecting a 0.28% increase from the previous close. This positive opening is attributed to investor optimism ahead of the State Bank of Pakistan’s (SBP) monetary policy announcement scheduled for today. english.aaj.tv
Previous Session Recap: On March 7, 2025, the KSE-100 Index closed at 114,399 points, marking an increase of 686 points or 0.60% from the prior close. This upward trend was driven by investor anticipation of a potential reduction in the SBP’s key policy rate, following a decade-low inflation reading of 1.5% in February 2025. tribune.com.pk
Key Indices Performance:
- KSE All Share Index: 70,629.12 points, an increase of 797.94 points (1.14%)
- KSE-30 Index: 35,301.83 points, up 517.92 points (1.49%)
- KMI-30 Index: 171,291.88 points, rising by 3,374.53 points (2.01%)
Market Activity:
- Total Volume Traded: 240,888,386 shares
- Total Value Traded: PKR 22.78 billion
- Number of Trades: 256,916
Top Gainers:
- Oil & Gas Development Company (OGDC): Increased by 9.67 points
- Pakistan Petroleum Limited (PPL): Rose by 12.88 points
- Mari Petroleum (MARI): Gained 18.75 points
Top Losers:
- Pakgen Power (PKGP): Decreased by 7.83 points
- Cnergyico PK (CNERGY): Fell by 0.25 points
- Interloop Limited (ILP): Dropped by 15.57 points
Market Insights: The recent market performance indicates cautious optimism among investors. The anticipation of the SBP’s monetary policy decision has played a significant role in shaping market sentiment. The recent low inflation rate has fueled expectations of a policy rate cut, which could further stimulate economic activity and positively impact the stock market.english.aaj.tv
Outlook for Today: Analysts anticipate that the market will continue to exhibit positive momentum, contingent upon the SBP’s monetary policy announcement. A reduction in the policy rate could lead to increased liquidity and investment in the equity market. Investors are advised to monitor the SBP’s decision closely, as it will likely influence market dynamics in the short term.
Stay updated with the latest market news and insights at DailyForex.pk.