KARACHI, May 30, 2025: The Pakistan Stock Exchange (PSX) concluded Friday’s trading session at 119,691.09 points, with 719.69 points gains.
With this, the benchmark KSE-100 Index has accumulated over 1,500 points in two days. Even before Youm-e-Takbeer holiday on Wednesday, the index had shown positive trends.
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Today, the KSE-100 index touched the highest of 119,913.88 points, before losing some of these gains to close at 119,691.09 points.
According to market reports, of the 100 index companies, 56 closed in green and 42 lost some value.
More notably, fertilizers, banking and energy companies propped up the trading index today. Cement and securities companies were also among top performers. However, PPL and KEL came out to be those pushing the index down, to the day’s lowest at 118,771.83 points. Technology and communication and automobile sectors left the investors wanting as well.
Reports show that in today’s trading, total market volume was 580.26 million shares compared to 741.65 million as compared to yesterday, and the traded value also fell short of Thursday’s by Rs. 1.17 billion, clocking at Rs. 22.74 billion for Friday.
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Experts are of the opinion that this positive momentum in the market is as a result of improving investor confidence, despite the uncertainty looming over the upcoming budget. Analysts also expect the positive trend to continue in the next few weeks.
