Pakistan’s equity market closed the week with renewed optimism as the KSE-100 Index surged 1,289.83 points, ending Friday’s session at 169,864.52, up 0.77%. The bullish finish reflects the market’s growing confidence driven by strong sectoral performance, robust investor participation, and ongoing macroeconomic stability.
The benchmark index traded in a wide intraday range of 1,631 points, touching a high of 170,052.87 and a low of 168,421.55, showcasing heightened activity and increased buying interest across major sectors. Total traded volume for the KSE-100 clocked in at 309.7 million shares, underscoring solid investor sentiment.
Market Leaders and Laggards: Who Moved the Index?
Out of 100 companies on the benchmark index:
• 65 closed positive
• 32 closed negative
• 3 remained unchanged
Top Gainers
The session’s top performers were:
• NML (+5.40%)
• KAPCO (+3.76%)
• CHCC (+3.74%)
• MLCF (+3.19%)
• MCB (+2.97%)
Top Losers
Meanwhile, the biggest decliners included:
• PGLC (-3.88%)
• SRVI (-3.57%)
• JVDC (-3.16%)
• GADT (-2.64%)
• SSGC (-2.50%)
Who Powered the Rally? Index Point Contributions:
The stocks contributing the most points to the upside were:
• FFC (+371.67pts)
• MCB (+150.03pts)
• SYS (+115.61pts)
• PPL (+73.63pts)
• HUBC (+72.37pts)
Conversely, companies dragging the index lower included:
• SRVI (-45.95pts)
• ENGROH (-38.39pts)
• DHPL (-17.56pts)
• JVDC (-14.77pts)
• DGKC (-12.91pts)
Sector Performance: Fertilizers & Banks Lead the Charge
Sector-wise, the KSE-100 gained strong support from:
• Fertilizer (+442.80pts)
• Commercial Banks (+312.43pts)
• Cement (+176.23pts)
• Oil & Gas Exploration (+155.20pts)
• Technology & Communication (+123.67pts)
A few sectors weighed on the index, including:
• Investment & Securities (-53.98pts)
• Leather & Tanneries (-45.95pts)
• Property (-14.77pts)
• Insurance (-8.87pts)
• Tobacco (-5.71pts)
Broader Market Overview: Healthy Activity Despite Lower Volume
The All-Share Index closed at 102,725.12, gaining 553.85 points (0.54%).
Market-wide:
• Total volume: 873.03 million shares (down from 1.28 billion)
• Traded value: Rs40.87 billion (down by Rs14.36bn)
• Total trades: 378,060 across 482 companies
o 259 closed up
o 180 closed down
o 43 remained unchanged
Despite lower volumes compared to the previous session, the market displayed strong breadth and resilience.
The Bigger Picture: A Remarkable Year for Pakistan’s Stock Market
The KSE-100 continues its impressive run:
• Up 44,237 points (35.21%) during the current fiscal year
• Up 54,738 points (47.55%) in the 2025 calendar year so far
These gains place the Pakistani equity market among the world’s top-performing indices, highlighting renewed investor confidence backed by improving macroeconomic indicators, strong corporate earnings, and positive foreign interest.
Outlook: Can the Market Break New Records?
The KSE-100’s strong close near the psychological level of 170,000 suggests that the momentum may continue into the coming sessions. With key sectors showing strength and macroeconomic conditions stabilizing, analysts anticipate further upside though volatility may persist as global markets react to geopolitical and oil price developments.
Pakistan’s stock market continues to show that despite challenges, investor confidence and market fundamentals remain firmly on an upward trajectory.