Date: March 3, 2025
Market Summary: The Pakistan Stock Exchange (PSX) witnessed a substantial downturn today, with the benchmark KSE-100 Index closing at 111,986.88 points, a sharp decline of 1,264.78 points or 1.12% from the previous close of 113,251.66 points. psx.com.pk+2dawn.com+2dps.psx.com.pk+2
Key Indices Performance:
- KSE All Share Index: 69,612.74 points, a decrease of 649.91 points (0.93%)dps.psx.com.pk+1psx.com.pk+1
- KSE-30 Index: 34,675.97 points, down 517.96 points (1.49%)dps.psx.com.pk+1psx.com.pk+1
- KMI-30 Index: 167,114.95 points, a decline of 2,601.84 points (1.56%)dps.psx.com.pk+1psx.com.pk+1
Market Activity:
- Total Volume Traded: 208,881,544 sharespsx.com.pk
- Total Value Traded: PKR 11.88 billionpsx.com.pk
- Number of Trades: 152,764psx.com.pk
Top Gainers:
- Pakgen Power (PKGP): Increased by 8.95%
- Cnergyico PK (CNERGY): Rose by 7.85%
- Interloop Limited (ILP): Gained 4.63%
Top Losers:
- Oil & Gas Development Company (OGDC): Decreased by 2.09%tradinghours.com
- Pakistan Petroleum Limited (PPL): Fell by 2.21%
- Mari Petroleum (MARI): Dropped by 1.33%
Market Insights: Today’s significant decline is primarily attributed to investor apprehension regarding the upcoming International Monetary Fund (IMF) review. The market experienced fluctuations throughout the session, with the KSE-100 index reaching an intra-day high of 113,591.83 points and a low of 111,829.14 points. dps.psx.com.pk+1psx.com.pk+1
Outlook for Tomorrow: Analysts anticipate that the market may continue to exhibit cautious behavior in the upcoming sessions. Factors such as the IMF’s review of Pakistan’s economic performance and potential tax reforms are expected to influence investor sentiment. Investors are advised to stay informed about these developments and consider diversifying their portfolios to mitigate potential risks.
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