Could 09, 2025 (MLN):  After struggling a steep 6% drop a day earlier, the native bourse witnessed a robust rebound on Friday because the benchmark KSE-100 Index surged by 3,647 factors or 3.52% to shut at 107,174.63. 

This restoration is primarily attributed to the absence of any recent escalation within the Pakistan-India battle, which helped restore investor confidence.

Equities remained unstable all through the session, initially gaining floor as buyers grew hopeful {that a} full-scale battle with India could be prevented. Regardless of the volatility, long-term buyers opted to keep away from panic promoting and progressively rebuilt their portfolios.

Investor optimism was additional lifted by expectations surrounding the IMF Government Board assembly scheduled for later within the day. The board is prone to approve a $1 billion tranche beneath the present Prolonged Fund Facility (EFF), together with an extra $1.3 billion beneath the Resilience and Sustainability Facility (RSF). 

The index traded in a variety of 5,120.63 factors, exhibiting an intraday excessive of 107,541.45 (+4,014.64) and a low of 102,420.82 (-1,105.99) factors.

The entire quantity of the KSE-100 Index was 238.40 million shares.

Of the 100 index firms 83 closed up, 16 closed down, whereas 1 had been unchanged.

High gainers in the course of the day had been CNERGY (+12.24%), PIOC (+9.95%), INIL (+9.39%), PAEL (+8.67%), and MUGHAL (+8.25%).

However, high losers had been PGLC (-8.07%), PKGP (-7.36%), PSEL (-3.76%), POML (-3.26%), and UNITY (-2.62%).

By way of index-point contributions, firms that propped up the index had been LUCK (+284.78pts), MARI (+271.39pts), HUBC (+220.10pts), HBL (+197.06pts), and FFC (+181.48pts).

In the meantime, firms that dragged the index decrease had been PKGP (-46.30pts), PSEL (-28.10pts), UNITY (-7.54pts), SRVI (-6.59pts), and MEHT (-3.65pts).

Sector-wise, KSE-100 Index was supported by Oil & Gasoline Exploration Firms (+736.42pts), Industrial Banks (+718.97pts), Cement (+565.32pts), Fertilizer (+335.64pts), and Oil & Gasoline Advertising and marketing Firms (+205.81pts).

Whereas the index was let down by Miscellaneous (-21.64pts), Leather-based & Tanneries (-6.59pts), Shut-Finish Mutual Fund (-1.77pts), Textile Spinning (-1.34pts), and Artificial & Rayon (-0.81pts).

Within the broader market, the All-Share Index closed at 66,513.47 with a web acquire of 1,985.48 factors or 3.08%.

Complete market quantity was 516.30 million shares in comparison with 653.55m from the earlier session whereas traded worth was recorded at Rs28.84 billion exhibiting a lower of Rs6.60bn.

There have been 311,765 trades reported in 441 firms with 300 closing up, 99 closing down, and 42 remaining unchanged.

To notice, the KSE-100 has gained 28,730 factors or 36.62% in the course of the fiscal 12 months, whereas it has decreased 7,952 factors or 6.91% up to now this calendar 12 months.

Copyright Mettis Hyperlink Information

Posted on: 2025-05-09T17:12:09+05:00