PSX Mid-Day: Reaching New Heights

August 06, 2025 (MLN): The Pakistan Stock Exchange (PSX) witnessed robust bullish momentum on Wednesday, with the benchmark KSE-100 Index crossing the 144,000 level to reach an intraday high of 144,285.74 gaining as much as 1,248.58 points by 11:37am.

By midday, the KSE-100 Index stood at 143,970.84, reflecting an increase of 933.68 points or 0.65%.

The ongoing rally at the Pakistan Stock Exchange is being driven by strong macroeconomic fundamentals and heightened investor confidence.

This bullish momentum is supported by robust local and foreign inflows, broad-based gains across key sectors, and encouraging fiscal data.

Pakistan’s fiscal deficit for FY25 narrowed to 5.4% the lowest in nine years reinforcing market sentiment and boosting optimism for sustained gains ahead.

Adding to the momentum, the National Bank of Pakistan (NBP) crossed the $1 billion market capitalization mark, becoming the fifth listed bank on the PSX to achieve this milestone.

NBP’s stock surged intraday by Rs12.37 (+9.76%) to reach a high of Rs139.13, reflecting strong investor interest and placing the bank among the top 15 most valuable firms on the exchange.

Top gainers by midday included NESTLE (+10.00%), NBP (+8.67%), PSX (+5.54%), AICL (+5.34%), and FCEPL (+4.41%).

Meanwhile, the top losers were FFC (-2.11%), PGLC (-1.42%), JDWS (-1.41%), HALEON (-1.30%), and AGL (-1.25%).

In terms of index-point contributions, companies that propped up the index were NBP (+192.07pts), UBL (+157.50pts), HBL (+131.39pts), NESTLE (+67.63pts), and HUBC (+65.39pts).

Meanwhile, companies that dragged the index lower were FFC (-290.46pts), SYS (-22.90pts), TRG (-7.29pts), HALEON (-5.87pts), and ATRL (-5.86pts).

Sector-wise, the KSE-100 Index by midday was buoyed by Commercial Banks (+586.47pts), Cement (+138.62pts), Oil & Gas Exploration Companies (+126.16pts), Food & Personal Care Products (+93.84pts), and Power Generation & Distribution (+77.01pts).

Meanwhile, pressure on the index came from Fertilizer (-241.84pts), Technology & Communication (-31.30pts), Refinery (-8.69pts), Miscellaneous (-6.60pts), and Sugar & Allied Industries (-4.07pts).

In the broader market, the All-Share Index stood at 89,201.87 by midday, showing a net gain of 779.81 points or 0.88%.

Total market volume reached 316.51m shares, compared to 549.72m in the previous session, while the traded value was recorded at Rs21.81bn, down by Rs15.23bn.

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