PSX Opening Bell: Green and Growing

July 01, 2025 (MLN): The Pakistan Stock Exchange (PSX) kicked off the new fiscal year 2025–26 on a bullish note, reaching a fresh record high, as investor sentiment was buoyed by China’s $3.4 billion loan support and the government’s steps to curb electricity prices.

The benchmark KSE-100 Index opened Tuesday’s session at 126,500.75, gaining 873.44 points or 0.70%, and climbed to an intraday high of 126,555.68, up 928.37 points.

Total volume traded during the opening session stood at 22.71 million shares.

The upbeat start was further fueled by a Bloomberg report ranking Pakistan as the top emerging market in reducing default risk, with the probability falling from 59% to 47% the largest drop globally.

Investor confidence was reinforced by China’s financial support, which includes a $2.1bn loan rollover and $1.3bn in refinancing.

These inflows helped Pakistan meet the IMF’s $14bn foreign exchange reserves target by June 30, strengthening the rupee and enhancing macroeconomic stability.

At the start of Tuesday’s trading session, top gainers included SRVI (+9.55%), YOUW (+7.21%), THALL (+6.07%), FABL (+5.28%), and FFC (+3.21%).

Meanwhile, early losers were PGLC (-5.88%), PKGS (-5.86%), FHAM (-2.79%), EFUG (-2.30%), and BNWM (-1.49%).

In early trading on Tuesday, the KSE-100 Index was lifted by gains from FFC (+350.18pts), EFERT (+64.79pts), FABL (+45.48pts), ENGROH (+45.19pts), and MEBL (+43.12pts).

On the other hand, early draggers on the index were PKGS (-28.37pts), BAHL (-16.98pts), TRG (-8.20pts), ABL (-7.42pts), and TGL (-7.13pts).

Sector-wise, KSE-100 Index was supported by Fertilizer (+437.87pts), Commercial Banks (+141.00pts), Oil & Gas Exploration Companies (+69.78pts), Inv. Banks / Inv. Cos. / Securities Cos. (+44.25pts), and Technology & Communication (+34.09pts).

While the index was let down by Paper, Board & Packaging (-28.37pts), Glass & Ceramics (-12.15pts), Tobacco (-4.46pts), Modarabas (-2.12pts), and Property (-1.74pts).

In the broader market, the All-Share Index started at 79,012.83 with a net gain of 428.12 points or 0.54%.

Total market volume was 94.08 million shares compared to 1,144.55m from the previous session while traded value was recorded at Rs2.71 billion showing a decrease of Rs32.52bn.

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