PSX Closing Bell: Can't Help Falling in Rally

May 13, 2025 (MLN): The Pakistan Stock Exchange (PSX) continued its bullish streak on Tuesday, with the benchmark KSE-100 Index gaining 1,278.15 points or 1.09% to close at 118,575.88.

The index witnessed heightened volatility, trading within a wide range of 3,207.19 points. It hit an intraday high of 120,067.12, climbing as much as 2,769.39 points, before paring gains to settle lower. The day's low stood at 116,859.93, down 437.80 points from the previous close.

The rally was driven by a mix of improved diplomatic ties and macroeconomic optimism.

A recently announced ceasefire agreement with India lifted investor sentiment, while the IMF's approval of a key financial package further bolstered confidence in Pakistan's economic outlook.

The total volume of the KSE-100 Index was 366.25 million shares.

Of the 100 index companies 52 closed up, 44 closed down, 3 were unchanged, while 1 remained untraded.

Top gainers during the day were SEARL (+10.01%), PPL (+10.00%), FCEPL (+10.00%), AGL (+9.99%), and MLCF (+9.00%).

On the other hand, top losers were KEL (-4.82%), EFUG (-4.11%), POL (-3.57%), FHAM (-3.56%), and BWCL (-3.37%).

In terms of index-point contributions, companies that propped up the index were PPL (+341.80pts), OGDC (+337.60pts), LUCK (+197.07pts), PSO (+164.60pts), and MARI (+135.69pts).

Meanwhile, companies that dragged the index lower were BAHL (-96.51pts), MCB (-92.37pts), UBL (-90.56pts), MEBL (-88.82pts), and POL (-87.07pts).

Sector-wise, KSE-100 Index was supported by Oil & Gas Exploration Companies (+728.02pts), Cement (+394.83pts), Oil & Gas Marketing Companies (+237.24pts), Pharmaceuticals (+145.28pts), and Technology & Communication (+59.52pts).

While the index was let down by Commercial Banks (-325.00pts), Fertilizer (-87.90pts), Inv. Banks / Inv. Cos. / Securities Cos. (-41.43pts), Power Generation & Distribution (-15.53pts), and Insurance (-12.27pts).

In the broader market, the All-Share Index closed at 73,307.73 with a net gain of 997.70 points or 1.38%.

Total market volume was 684.29 million shares compared to 732.88m from the previous session while traded value was recorded at Rs52.59 billion showing an increase of Rs22.20bn.

There were 364,465 trades reported in 461 companies with 220 closing up, 194 closing down, and 47 remaining unchanged.

To note, the KSE-100 has gained 40,131 points or 51.16% during the fiscal year, whereas it has increased 3,449 points or 3.00% so far this calendar year.

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