KARACHI: Pakistan Stock Exchange (PSX) ended the week firmly in bullish territory on Friday, lifted by robust institutional buying and renewed optimism fueled by supportive government policy signals.
The benchmark KSE-100 Index surged by 1,304.39 points, or 0.79 percent, to settle at 166,677.70 compared with the previous close of 165,373.31 points. The index maintained its upward trajectory throughout the session, touching an intraday high of 167,005.05 while its low stood at 165,753.36, underscoring persistent investor confidence and heightened month-end activity.
The BRIndex100 closed at 17,629.12, up 86.36 points or 0.49 percent, with a total volume of 473 million shares. The BRIndex30 ended the session at 55,784.05, rising 579.02 points, or 1.05 percent, on a total turnover of 317 million shares, reflecting heightened investor activity in heavily traded stocks.
According to the Topline Securities, the positive momentum was reinforced by continued institutional interest, which analysts attributed in part to recent buying by local institutions as reflected in National Clearing Company of Pakistan Limited (NCCPL) data. Market sentiment also strengthened following reports that Prime Minister Shehbaz Sharif had directed the Federal Board of Revenue to reduce the super tax rate imposed on large companies—an indication of potential fiscal relief that investors widely welcomed. According to brokerage assessments, major support came from SYS, PPL, HUBC, OGDC, and LUCK, which together contributed 609 points to the benchmark index.
Market capitalization rose to Rs18.87 trillion, up from Rs18.74 trillion a day earlier adding Rs124 billion in market wealth. The ready market recorded turnover of 593 million shares, significantly higher than the previous session’s 498 million shares, while traded value surged to Rs41.97 billion from Rs30.59 billion.
Market breadth remained broad-based and positive. In the ready market, 238 companies advanced, 199 declined, and 41 remained unchanged out of 478 traded scrips.
Sui Southern Gas (SSGC-XD) led the ready market with 39.18 million shares traded, closing at Rs39.47. Bank of Punjab followed with 34.17 million shares, ending at Rs 33.96. WorldCall Telecom recorded 32.86 million shares and closed at Rs1.82.
Service Industries Limited emerged as one of the leading gainers, rising by Rs120.13 to close at Rs1,570.21, while Sazgar Engineering Works added Rs75.36 to close at Rs1,776.95. Among major decliners, PIA Holding Company Limited (B) recorded the steepest fall, losing Rs518.50 to close at Rs23,977.00. Unilever Pakistan Foods also declined sharply, shedding Rs300.00 to settle at Rs 29,100.00.
The BR Automobile Assembler Index closed at 24,593.31, recording a net gain of 362.17 points or 1.49%, with a total turnover of 5.87 million shares. The BR Cement Index closed at 13,219.33, up 224.14 points or 1.72%, on a turnover of 40.05 million shares.
The BR Commercial Banks Index closed at 49,419.98, gaining 311.83 points or 0.63%, with a total turnover of 68.04 million shares. The BR Power Generation and Distribution Index closed at 25,938.04, rising 312.58 points or 1.22%, on a turnover of 49.55 million shares.
The BR Oil and Gas Index closed at 14,267.75, up 156.9 points or 1.11%, with a total turnover of 81.37 million shares. The BR Technology & Communication Index closed at 3,924.15, gaining 85.18 points or 2.22%, on a turnover of 89.58 million shares.
With strong liquidity, robust turnover, and continued institutional support, investors ended the week with a renewed sense of optimism. The combination of policy signals, increased local institutional participation, and strong contributions from heavyweight stocks enabled the KSE-100 to extend its upward trajectory as the month drew to a close, positioning the market for continued momentum in the days ahead.
Copyright Business Recorder, 2025
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