KARACHI – The Pakistan Stock Exchange (PSX) opened the new business week with bullish trend, extending gains from previous week.
During intraday trading on Monday, the KSE-100 index benchmark gained 1134.41 points to hit all-time high of 133,083.47 points, marking a positive change of 0.86 percent.
In week ending on July 4, KSE-100 Index increased 6.09% on WoW basis. According to Topline Securities, this positivity in market can be attributed to hefty buying by institutions on account of new liquidity being diverting towards equity on the back of lower yields and higher taxes on fixed income.
Major developments during the outgoing week included Pakistan’s CPI for June 2025 clocking in at 3.23% compared to last month of 3.46% and decrease in trade deficit for the month of June.
Furthermore, foreign exchange reserves held by SBP increased by $3.7bn to US$12.73bn for the week ending Jun 27, 2025, due to receipt of the multilateral and commercial loans.
On Friday, the benchmark index continued with bullish trend, gaining 1,262.41 points, a positive change of 0.97 percent, and closing at 131,949.07 points.
A total of 733,079,943 shares were traded during the day as compared to 899,849,566 shares the previous trading day, whereas the price of shares stood at Rs 34.924 billion against Rs 43.252 billion on the last trading day.
As many as 473 companies transacted their shares in the stock market, 255 of them recorded gains and 177 sustained losses, whereas the share price of 41 companies remained unchanged.
This is a developing story…
