News

Pakistan Stock Exchange (PSX) Opens Steady Amidst Investor Caution

Date: March 7, 2025​

Opening Update: As of 9:30 AM, the KSE-100 Index opened at 114,713.17 points, reflecting no change from the previous close. The market commenced trading on a steady note, with investors exhibiting caution amidst ongoing economic evaluations. ​ksestocks.com

Previous Session Recap: On March 6, 2025, the KSE-100 Index experienced a significant increase, closing at 114,713.17 points, up 2,459.41 points or 2.19% from the prior close. This surge was driven by renewed investor confidence and positive economic indicators. ​ksestocks.com

Key Indices Performance:

  • KSE All Share Index: 70,629.12 points, an increase of 797.94 points (1.14%)​ksestocks.com
  • KSE-30 Index: 35,301.83 points, up 517.92 points (1.49%)​ksestocks.com
  • KMI-30 Index: 171,291.88 points, rising by 3,374.53 points (2.01%)​ksestocks.com

Market Activity:

Top Gainers:

  1. Pakgen Power (PKGP): Increased by 8.95%​
  2. Cnergyico PK (CNERGY): Rose by 7.85%​
  3. Interloop Limited (ILP): Gained 4.63%​

Top Losers:

  1. Oil & Gas Development Company (OGDC): Decreased by 2.09%​
  2. Pakistan Petroleum Limited (PPL): Fell by 2.21%​
  3. Mari Petroleum (MARI): Dropped by 1.33%​

Market Insights: The recent market performance indicates a cautious optimism among investors. Factors such as stable inflation rates and positive earnings reports have contributed to the market’s resilience. However, external economic conditions and geopolitical developments continue to influence investor sentiment.​

Outlook for Today: Analysts anticipate that the market will maintain its steady trajectory, supported by favorable economic indicators and robust corporate earnings. Investors are advised to monitor sector-specific developments and global market trends to make informed decisions.​

Stay updated with the latest market news and insights at DailyForex.pk.

Hamza Shah

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