PSX Closing Bell: You Can’t Always Get What You Want

July 30, 2025 (MLN): In a session filled with drama, suspense, and a surprise twist from the central bank, the Pakistan Stock Exchange (PSX) managed to script a late comeback on Wednesday.

The benchmark KSE-100 Index closed the day at 138,412.25, posting a gain of 447.44 points or 0.32%, after surviving a rollercoaster ride sparked by the State Bank of Pakistan’s unexpected move.

The morning began with optimism. Investors stepped in with hopes high and fingers crossed, expecting a rate cut of 50 basis points in the SBP’s monetary policy announcement.

But the mood shifted quickly when the MPC held the policy rate steady at 11%, shaking market expectations and sending a clear signal: inflationary risks still linger, and caution is the name of the game.

The index traded in a range of 1,360.07 points, showing an intraday high of 139,018.88 (+1,054.07) and a low of 137,658.81 (-306.00) points.

The total volume of the KSE-100 Index was 167.69 million shares.

Of the 100 index companies 41 closed up, 59 closed down, while 0 were unchanged.

Top gainers during the day were SYS (+6.90%), BWCL (+5.79%), TPLRF1 (+3.62%), JVDC (+3.59%), and HBL (+3.21%).

On the other hand, top losers were GHGL (-5.34%), BNWM (-4.58%), IBFL (-4.00%), PABC (-2.81%), and POML (-2.70%).

In terms of index-point contributions, companies that propped up the index were SYS (+262.47pts), UBL (+218.63pts), HBL (+136.15pts), MEBL (+110.87pts), and BWCL (+56.42pts).

Meanwhile, companies that dragged the index lower were FFC (-93.93pts), LUCK (-80.09pts), ENGROH (-64.10pts), MLCF (-33.57pts), and DGKC (-32.01pts).

Sector-wise, KSE-100 Index was supported by Commercial Banks (+587.54pts), Technology & Communication (+253.47pts), Real Estate Investment Trust (+20.58pts), Chemical (+14.71pts), and Property (+13.35pts).

While the index was let down by Cement (-134.58pts), Fertilizer (-83.31pts), Inv. Banks / Inv. Cos. / Securities Cos. (-69.57pts), Textile Composite (-36.66pts), and Glass & Ceramics (-35.58pts).

In the broader market, the All-Share Index closed at 85,702.96 with a net gain of 131.53 points or 0.15%.

Total market volume was 425.84 million shares compared to 606.33m from the previous session while traded value was recorded at Rs25.00 billion showing a decrease of Rs7.69bn.

There were 275,759 trades reported in 476 companies with 152 closing up, 290 closing down, and 34 remaining unchanged.

To note, the KSE-100 has gained 12,785 points or 10.18% during the fiscal year, whereas it has increased 23,285 points or 20.23% so far this calendar year.

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