The Pakistan Stock Exchange (PSX) experienced a significant drop at the start of business week, the reference Kse-100 index decreased 2,002.55 points, ending at 116,439.62.
This marks a drop of 1.69% compared to the previous fence of 118,442.17.
Throughout the day, the market saw fluctuations, the highest point reaching 118,797.70 and the lowest at 116,257.51.
The negotiation volume was 167,106,163, with a total value of 15,680 198 106 PKR. This drop reflects the continuous uncertainty of the market, because investors remain cautious in the middle of the broader economic landscape.
Yesterday, the Pakistan Stock Exchange (PSX) experienced a bullish rally during the outgoing week, the KSE-100 index exceeding the 119,000 mark during the intra-day trading.
The feeling of investors was supported by optimism concerning a potential staff agreement between Pakistan and the International Monetary Fund (IMF) for the first examination of the $ 7 billion funds (EFF).
The week started with significant gains, while the KSE-100 index increased by 663 points, and continued its trajectory upwards with an increase of 801 points on Tuesday.
Wednesday, the index reached a new summit of 117,974, thanks to strong local institutional purchases and the hope of solving the problem of circular debt.
The KSE-100 index culminated at 119,000 Thursday, marking a new record before finishing the week with a drop of 328 points.
At the end of the week, the index closed at 118,442, up 2,906 points (2.5%) compared to the previous week. The momentum of the market was supported by positive expectations surrounding the examination of the IMF and the potential resolution of the circular debt of the power sector.
Economically, Pakistan’s current account deficit contracted 97% in February 2025, while the country’s currency reserves increased $ 49 million to $ 11.1 billion.
Sectors in the sector, exploration and production, technology and electricity have contributed positively to the market, while the fertilizer and insurance sectors have experienced negative contributions.
Despite sales abroad continuing to $ 7.96 million, negotiation volumes increased by 51% and the average negotiated value increased by 43%.
Analysts also pointed out that the government’s planned reduction in power prices and continuous efforts to obtain additional IMF funding were key factors influencing the feeling of the market.
