PSX Closing Bell: A Sky Full of Gains

July 17, 2025 (MLN): The benchmark KSE-100 Index concluded Thursday's trading session at a historic high of 138,665.49, recording a robust gain of 2,285.53 points or 1.68%.

The index remained in positive territory throughout the day, touching an intraday high of 138,943.47 (+2,563.51 points) and a low of 136,674.98 (+295.02 points). Total traded volume for the KSE-100 Index stood at 299.28 million shares.

Investor sentiment was buoyed by growing optimism over a potential interest rate cut in the upcoming monetary policy, expected later this month. This positive outlook was further reinforced by a decline in yields observed during Wednesday’s Pakistan Investment Bond (PIB) auction.

A stable external account and easing inflation continue to strengthen the case for bringing interest rates down into single digits, further supporting the bullish momentum in the market.

Of the 100 index companies 80 closed up, 20 closed down.

Top gainers during the day were PSEL (+10.00%), AICL (+9.81%), PTC (+7.53%), EFERT (+5.00%), and SYS (+4.48%).

On the other hand, top losers were BNWM (-9.86%), MEHT (-3.48%), THALL (-3.37%), POML (-2.01%), and PGLC (-1.57%).

In terms of index-point contributions, companies that propped up the index were FFC (+364.75pts), UBL (+298.94pts), EFERT (+198.13pts), SYS (+166.16pts), and ENGROH (+152.40pts).

Meanwhile, companies that dragged the index lower were BAHL (-37.91pts), THALL (-20.84pts), HMB (-20.77pts), CHCC (-15.91pts), and MEHT (-10.50pts).

Sector-wise, KSE-100 Index was supported by Fertilizer (+569.52pts), Commercial Banks (+549.10pts), Technology & Communication (+218.13pts), Inv. Banks / Inv. Cos. / Securities Cos. (+153.68pts), and Cement (+152.99pts).

While the index was let down by Automobile Parts & Accessories (-20.84pts), Food & Personal Care Products (-8.68pts), Woollen (-1.53pts), Textile Spinning (-1.41pts), and Vanaspati & Allied Industries (-0.49pts).

In the broader market, the All-Share Index closed at 85,699.50 with a net gain of 1,051.15 points or 1.24%.

Total market volume was 780.01 million shares compared to 705.96m from the previous session while traded value was recorded at Rs39.98 billion showing an increase of Rs7.79bn.

There were 398,191 trades reported in 486 companies with 306 closing up, 154 closing down, and 26 remaining unchanged.

To note, the KSE-100 has gained 13,038 points or 10.38% during the fiscal year, whereas it has increased 23,539 points or 20.45% so far this calendar year.

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