April 27, 2025 (MLN): The week bought off to a powerful begin on the again of improved macros; nevertheless, rising Indo-Pak tensions quickly solid a shadow over investor sentiment, conserving individuals on their toes. In consequence, the native market got here beneath promoting stress for many of the week.

Accordingly, the benchmark KSE-100 Index misplaced 1,846.24 factors, or -1.57%, to settle at 115,469.34 in comparison with final week’s shut of 117,315.58.

Intraday swings had been important, with the index reaching a excessive of 119217.19 (+3,747.85 factors) and a low of 113,716.6 (-1,752.74 factors).

Market cap

The KSE-100 market capitalization stood at Rs3.49 trillion, down 1.6% from the earlier week’s Rs3.55tr. In USD phrases, the market cap was recorded at $12.43 billion, in comparison with $12.65bn within the prior week.

This week, the index return in USD phrases was -1.66%, in comparison with 2.05% the earlier week.

On the financial entrance, Governor of the State Financial institution of Pakistan, Jameel Ahmad stated that international alternate reserves are anticipated to succeed in $14bn by the top of June and financial development is projected to be round 3%.

The Governor reaffirmed Pakistan’s bettering macroeconomic stability and outlook throughout high-level conferences with senior executives from international monetary and funding establishments, together with JP Morgan, Customary Chartered, Deutsche, Jefferies, and main credit standing businesses.

The international alternate reserves held by the SBP decreased by $366.5 million or 3.47% WoW to $10.21bn throughout the week ended on April 18, 2025.

As well as, World Liberty Monetary (WLF) the decentralized finance (DeFi) platform backed by the U.S. President Donald Trump has signed a landmark Letter of Intent (LOI) with the Pakistan Crypto Council (PCC) to speed up blockchain innovation, stablecoin adoption, and decentralized finance (DeFi) integration throughout Pakistan.

The constructive financial cues helped stabilize investor sentiment, pushing the KSE-100 index’s fiscal year-to-date returns to 47.19%, whereas CYTD return stood at .03%.

Prime Index Movers

In the course of the week, Oil & Gasoline Exploration Firms, Business Banks, and Expertise & Communication dragged the index by -593.71, -295.02, and -209.94 factors, respectively. On the flip aspect, Fertilizer added solely 161.5 factors to the index.

Amongst particular person shares, UBL, MARI, and EFERT misplaced -506.79, -368.53, and -225.33, respectively. Conversely, FFC and MEBL added 402.54, and 236.58 factors, respectively.

FIPI/LIPI

This week, international buyers remained web patrons, buying equities value $2.08m.

Overseas corporates led the shopping for spree with purchases value $1.6m.

However, native buyers had been web sellers, offloading equities value $2.08m.

Banks & DFIs and dealer proprietary buying and selling desks offered securities value $3.99m and $2.01m, respectively, whereas different organizations bought securities value $4.81m.

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Posted on: 2025-04-27T20:22:29+05:00