Weekly Market Roundup

July 05, 2025 (MLN): The market closed the week on a strong note, supported by institutional buying as investors shifted focus towards equities amid lower yields and increased taxation on fixed income.

Consecutively, the bench mark KSE 100 index gained 4,355.83 points or 3.63%, closing the session at 131,949.07 compared to the previous week’s close of 124,379.06.

Intraday swings were significant, with the index reaching a high of 132,129.60  (+180.53 points) and a low of 124,500.20 (-7,448.87 points).

Market cap

The KSE-100 market capitalization stood at Rs3.94 trillion, up 6.07% from the previous week’s Rs3.58tr. In USD terms, the market cap was recorded at $13.8 billion, compared to $13.1bn in the prior week.

This week, the index return in USD terms was 5.99%, compared to 3.62% the previous week, with the market also marking its all-time high during the week.

On the economic front, CPI inflation rose to 3.34% YoY in June 2025, up from April’s 0.3%, but sharply lower than 12.57% a year earlier.

The State Bank of Pakistan (SBP) reserves rose to $14.51bn as of June 30, up $5.12bn YoY.

SBP reserves rose by $3.66bn WoW to $12.73bn in the week ended June 27.

Government domestic debt and liabilities rose by 15.02% YoY to Rs53.68tr in May 2025.

Furthermore, Central government debt rose by 12.27% YoY to Rs76.05tr in May 2025.

Short-term inflation rose 0.73% WoW but fell 2.06% YoY.

Net NSS receipts stood at Rs27.54bn in May 2025, down from Rs30.64bn in April, with Defence Saving Certificates seeing a net outflow of Rs2.44bn.

The positive economic cues helped stabilize investor sentiment, pushing the KSE-100 index’s fiscal year-to-date returns to 68.2%, while CYTD return stood at 14.6%. 

Top Index Movers

During the week, Commercial Bank, Fertilizer and Technology & Communication contributed 4561.71, 722.67, and 436.09 points to the index.

On the flip side, Cement, Glass & Ceramics and Real Estate Investment Trust dented the index by -136.53, -65.66 and -11.27 points, respectively.

Among individual stocks, UBL added 1597.48 points to the index while MCB, FFC, and HBL contributed to the index by 653.3, 523.09, and 462.88, respectively.

Conversely, MLCF, LUCK, and GHGL eroded -44.14, -41.29, and -39.55 points, respectively.

FIPI/LIPI

This week, foreign investors remained net sellers, offloading equities worth $15.32m.

Foreign Corporates led the selling spree worth $10.8m.

On the other hand, local investors were net buyers this week, purchasing equities worth $15.32m.

Mutual Funds and Companies bought securities worth $22.19m and $12.56m, respectively, while Bank/DFI sold securities worth $9.5m.

 Copyright Mettis Link News