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PSX Market Update,Ends Bullish on Positive Data

PSX Market Update,Ends Bullish on Positive Data
PSX Market Update,Ends Bullish on Positive Data

PSX Market Update,The PSX closed higher on Friday as strong macroeconomic indicators boosted investor confidence. The KSE-100 index surged over 400 points, ending the day at 117,315.59. Moreover, optimism surrounding the IMF programme further strengthened the market’s bullish stance.

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PSX Market Update:Macroeconomic Factors Fuel the Market Surge

PSX Market Update,Pakistan recorded a current account surplus of $1.2 billion in March 2025. In addition, lower inflation and steady remittances supported the rally. Hopes for an upcoming IMF tranche also contributed. Besides that, speculations about a policy rate cut and privatization of state-owned enterprises lifted investor sentiment.

PSX Market Update:Analyst Insights on Market Movement

Ahsan Mehanti from Arif Habib Corp stated that investors responded positively to the robust economic data. He also highlighted growth projections of 3% and a 2% primary surplus as key contributors.

PSX Market Update:Intraday Performance Highlights

Ali Najib of Insight Securities noted the market remained range-bound before the rollover week. Still, despite brief dips, the index maintained upward momentum. Ultimately, it closed 414 points higher, reflecting strong investor engagement.

Top Sectors and Stocks Driving Gains

Topline Securities identified major contributors including UBL, Lucky Cement, Meezan Bank, Systems Limited, and Sazgar Engineering. These five stocks alone added 913 points. Notably, UBL closed 9.57% higher, driven by strong Q1 2025 results and a stock split announcement.

Surplus and Growth Expectations Enhance Confidence

Muhammad Hasan Ather from JS Global remarked that the $1.2 billion surplus reversed February’s $97 million deficit. Consequently, investor confidence surged. This turnaround further supports the ongoing bull-run and growing optimism.

Trading Volume and Market Breadth

Trading volumes hit 425.1 million shares, while the value of shares traded totaled Rs34.5 billion. Among 446 companies traded, 189 ended higher, 197 declined, and 60 remained unchanged. Hence, the breadth of the market reflected mixed activity despite the positive trend.

Top Traded Stocks of the Day

Sui Southern Gas Co led the volume chart with 38.2 million shares, closing at Rs42.47. Meanwhile, Pakistan International Bulk Terminal traded 31 million shares, and K-Electric followed with 22.9 million shares

Foreign Investors’ Trading Activity

According to the NCCPL, foreign investors sold shares worth Rs149 million. Despite this, local sentiment remained strong, keeping the market upbeat.The PSX ended the week on a positive note. Investors reacted to improved macroeconomic data, the record current account surplus, and solid corporate earnings. As IMF discussions progress and expectations of monetary easing build, the bullish momentum may persist. Therefore, the outlook for the PSX remains optimistic

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