News

Pakistan Stock Exchange (PSX) Surges Amid Positive Economic Signals

Date: March 20, 2025

Market Summary: The Pakistan Stock Exchange (PSX) experienced a robust trading session today, with the KSE-100 Index climbing 795.75 points to close at 118,769.77, marking a 0.67% increase. This surge reflects growing investor confidence, bolstered by favorable economic indicators and advancements in international financial negotiations.

Key Indices Performance:

  • KSE All Share Index: Rose by 600.67 points (0.82%) to 73,626.28.
  • KSE-30 Index: Increased by 36.41 points (0.10%) to 36,532.04.
  • KMI-30 Index: Advanced by 2,420.54 points (1.31%) to 184,857.52.

Market Activity:

  • Total Volume Traded: Approximately 667.88 million shares.
  • Total Value Traded: Around PKR 38.53 billion.
  • Number of Trades: Totaled 333,556.

Top Gainers:

  1. Oil & Gas Development Company (OGDC): Increased by 3.25%.​
  2. Pakistan Petroleum Limited (PPL): Rose by 2.30%.​
  3. Mari Petroleum Company Limited (MARI): Gained 2.15%.​

Top Losers:

  1. The Bank of Punjab (BOP): Declined by 0.49%.​
  2. Pakistan International Airlines Corporation (PIA): Decreased by 1.12%.​
  3. Dewan Motors (DWM): Fell by 0.65%.​

Market Insights & Key Developments:

  • IMF Negotiations: The recent announcement of “significant progress” in the International Monetary Fund (IMF) review has positively influenced market sentiment, leading to increased buying activity, particularly in the energy and banking sectors. ​Arab News
  • Oil & Gas Sector: Stable global crude oil prices have bolstered investor confidence in oil and gas companies, contributing to the sector’s strong performance.​
  • Banking Sector: Anticipation of favorable monetary policies has attracted investors to banking stocks, resulting in notable gains within the sector.​

Outlook for the Coming Days:

  • Market Sentiment: With ongoing positive developments in international financial negotiations and stable economic indicators, the bullish trend is expected to continue.​
  • Sectors to Watch: Investors are advised to monitor the oil & gas, banking, and cement sectors, as they are likely to benefit from the current economic climate.​
  • Key Levels: The KSE-100 Index may test the 119,500 resistance level, with support anticipated around 117,500.​

Stay Informed: For real-time updates and detailed analyses, visit DailyForex.pk.​

This SEO-optimized closing market summary is designed to provide comprehensive insights into the PSX’s performance, enhancing your website’s visibility and engagement.

Hamza Shah

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