Pakistan Stock Exchange (PSX) Opens Steady Amid Investor Caution

Date: February 27, 2025

Opening Update: As of 9:14 AM, the KSE-100 Index stands at 113,862.32 points, unchanged from the previous close. The market opened steady as investors assess upcoming economic developments.

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Previous Session Recap: On February 26, 2025, the KSE-100 Index experienced a decline, closing at 113,862.32 points, down 665.76 points or 0.58%. This downturn was primarily due to profit-taking activities amid uncertainties surrounding tax reforms ahead of the International Monetary Fund (IMF) review.

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Top Performers:

• Gainers: Despite the overall decline, stocks such as Bank AL Habib (BAHL), MCB Bank (MCB), and Oil & Gas Development Company (OGDC) showed resilience, recording gains of 2.73%, 1.96%, and 1.41% respectively.
• Losers: Conversely, Fauji Fertiliser Company (FFC), Hub Power (HUBC), and TRG Pakistan (TRG) faced losses, decreasing by 0.54%, 1.15%, and 5.07% respectively.

Market Outlook: Analysts anticipate cautious trading in the upcoming sessions as investors monitor developments related to tax reforms and the IMF review. The market may experience volatility, with potential for both upward and downward movements based on economic indicators and policy decisions.

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