KARACHI: The Pakistan Stock Exchange (PSX) faced significant pressure during the week ending April 25, 2025, as escalating geopolitical tensions between Pakistan and India led to a notable market downturn.
- KSE-100 Index: Declined by 1,846 points, or 1.6%, closing at 115,469.35.
- Trading Volume: Increased by 31% week-over-week, reaching 599 million shares.
- Daily Traded Value: Decreased by 10% to Rs 29.30 billion.
- Market Capitalization: Fell by Rs 249 billion, settling at Rs 14.096 trillion.
- BRIndex100: Dropped 271 points to close at 12,309.
- BRIndex30: Declined by 1,202 points, ending at 36,709.
Sector Performance:
- Negative Contributors: Exploration & Production (594 pts), Commercial Banks (295 pts), Technology (188 pts), Power (140 pts), Pharmaceuticals (116 pts).
- Positive Contributors: Fertilizer (162 pts), Food (74 pts), Automobile Assemblers (23 pts).
Top Individual Movers:
- Negative: UBL (-507 pts), MARI (-369 pts), EFERT (-225 pts), PSO (-181 pts), PPL (-151 pts).
- Positive: FFC (+403 pts), MEBL (+237 pts), MCB (+120 pts), SNGP (+78 pts), NATF (+54 pts).
Investor Activity:
- Foreign Investors: Net buyers with inflows of $2.09 million, focusing on Oil Marketing Companies ($2.7 million) and Exploration & Production stocks ($1.1 million).
- Local Investors: Mutual funds and brokers were net sellers, offloading $18.9 million and $2.02 million, respectively.
Economic Highlights:
- Profit repatriation surged to $1.72 billion during July-March FY25.
- IT exports increased by 23% in Q3FY2025.
- Food exports rose to $5.75 billion for July-March.
- Pakistan secured $555 million in external financing for March.
- Ghani Chemical Industries commenced operations with a daily production capacity of 275 tons.
Outlook:
Analysts anticipate continued volatility in the PSX, influenced by geopolitical developments, domestic political dynamics, and macroeconomic indicators.
