The Pakistan Stock Exchange (PSX) opened sharply lower on Thursday, April 24, 2025, as escalating geopolitical tensions between Pakistan and India rattled investor confidence. Within the first five minutes of trading, the benchmark KSE-100 Index plunged by 2.12%, shedding 2,485.85 points to trade at 114,740.29. Mettis Global
Market Snapshot (as of 10:59 AM):
- KSE-100 Index: 116,429.22 ▼ 796.92 (-0.68%)
- KSE All Share Index: 72,846.42 ▼ 519.43 (-0.71%)
- KSE-30 Index: 35,792.20 ▼ 227.46 (-0.63%)
- KMI-30 Index: 175,445.10 ▼ 1,544.47 (-0.87%)
- Banking Sector Index (BKTI): 28,141.64 ▼ 108.28 (-0.38%)
- Oil & Gas Sector Index (OGTI): 27,429.04 ▼ 287.66 (-1.04%)
- PSX-KMI All Share Index: 50,715.36 ▼ 432.35 (-0.85%)
- PSX Dividend 20 Index: 44,358.19 ▼ 402.05 (-0.90%) PSX Data Portal
Market Activity:
- Total Volume Traded: 71.95 million shares
- Total Value Traded: PKR 9.35 billion
- Number of Trades: 116,329 PSX Data Portal
Sector Highlights:
- Commercial Banks: The sector contributed significantly to the market’s decline, with a loss of 699.02 points, as investors reacted to the heightened geopolitical risks. Mettis Global
- Oil & Gas Exploration Companies: This sector saw a downturn of 312.76 points, reflecting concerns over regional stability and its impact on energy markets. Mettis Global
- Cement Sector: The sector declined by 240.00 points, indicating investor apprehension about potential disruptions in infrastructure projects amid the tensions. Mettis Global
Top Losers:
- BWCL: ▼ 10.00%
- AGL: ▼ 8.40%
- EFUG: ▼ 8.38%
- GADT: ▼ 5.91%
- POML: ▼ 5.38% Mettis Global
Market Insights:
The PSX’s sharp decline this morning is primarily attributed to India’s abrupt suspension of the Indus Waters Treaty and other aggressive diplomatic measures, including the closure of the Wagah border and the expulsion of Pakistani defense personnel. These developments have heightened fears of regional instability, prompting investors to reduce exposure to equities. Mettis Global
Stay Informed:
For real-time updates and detailed analyses, visit the Daily Forex Pakistan.
This morning market summary aims to provide investors with a comprehensive overview of the PSX’s performance and prevailing economic factors influencing market dynamics.