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Pakistan Stock Exchange (PSX) Morning Market Update – April 24, 2025

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.

Hamza Shah