
A Pakistani stock-broker monitors shares prices at teh Pakistan Stock Exchange on January 16, 2023. —INP
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KARACHI: The Pakistan Stock Exchange (PSX) witnessed another positive meeting on Friday, while continuing its pace with the previous session. The Benchmark’s SE -100 index increased by 686 points, as investors expect further deduction in key policy rates next week.
The KSE -100 increased from 113,713.18 points to 685.52 points or 0.6 percent, up to 114,398.7 points. The highest index of the day was 114,721.58 points, while the lowest level was recorded at 114,169.2 points.
“The stocks were closed more because the key policy rate of SBP has declined in the eyes of investors after the low CPI inflation in February 2025,” said Ahsan Mahani, an analyst at Arif Habib Corporation.
He said that strong money about the privatization of the SOE, the government’s consideration, and the expectations of resolving the circular debt of the power sector before the IMF team release next month played a role in the faster pace in the PSX.
The KSE -30 index increased by 156.17 points or 0.44 percent to 35,458.01 points compared to 35,301.84 points. Traded shares increased from 31 million shares to 404.365 million shares increased by 404.365 million shares compared to 373.093 million shares. The commercial value increased from Rs 27.842 billion to Rs 26.249 billion. The market capitalization increases from Rs 14.125 trillion to Rs 14.036 trillion. Of the 433 companies operating in the session, 219 closed in green, 151 red, and 63 changed.
Topline securities analyst Nabil Aaron said, “While continuing its previous day’s pace, the KSE -100 index increased by 0.6 percent and closed at 114,399 levels. Oil and cement companies led the rally in the market. Oil companies continued to report that the government had to pay less than Rs. The agreement has reached the agreement.
High positive partnerships in the index have been derived from PSO, FCCL, HUBC, PPL, PIOC, fate and CHCC, as they contributed +513 points in the index. According to the traded price, PSOs (Rs 4.58 billion), FCCL (Rs 2.56 billion), PPL (Rs 2.41 billion), OGDC (Rs 1.99 billion), MLCF (Rs 1.25 billion) and DGC (Rs 1.22 billion) dominate commercial activity.
The highest increase was recorded at Unilever Pakistan Foods Limited, which increased by Rs 151515 to Rs 23,320.15 per share, followed by Ismail Industries Limited, which increased to Rs 83.25. JDW Sugar Mills Limited noted a significant reduction, which was reduced by Rs 38.84 to Rs 7979.16 per share. Service Industries Limited followed it, which was reduced from Rs 34.70 to Rs 1,434.52 per share.
“This rise has been attributed to government projects for a significant rupee for a significant rupee at a significant rupee,” said JS Global analyst Mohammad Hassan Ayathar, said analyst Mohammad Hassan Ayathar, analyst Mohammad Hassan Ayashar, analyst in JS Global.
In addition, global oil prices are more softened and expected to decline, affecting the expectations of inflation, which promotes dizziness stocks. “Waiting, a smooth program of the IMF can take the market out of its stability phase, and pays the way for further development and stability,” he said.
The military cement was the volume leader with 57.215 million shares, which closed at a more than Rs 3.97 at Rs 45.99 per share. Sui South Gas, with 23.758 million shares, followed it, which closed more than Rs 1.52.
Other important stocks of business include Maple Leaf, World Calle Telecom, Attaver Limited, Bo Punjab, Pak Petroleum, PSO, Pak Int Balk and Pak Refinery. In the futures market, 318 companies recorded trading, of which 223 increased, 90 decreased and 5 changed.