Hectic buying lifts share prices at Pakistan Stock Exchange
The Pakistan Stock Exchange (PSX) extended its gains on Tuesday as investor sentiment remained upbeat amid cooling inflation, reported 24NewsHD TV channel.
During intraday trading, the PSX’s benchmark KSE-100 Index gained 1,063.16 points to climb to 169,125.35 points, reflecting a positive change of 0.63 percent.
Out of 560 companies traded so far, the share prices of 265 companies advanced, 174 declined, and 121 remained unchanged.
Pakistan's core inflation for November 2025 eased slightly, falling to 6.15% from 6.24% in the previous month. This decrease was seen by investors as a positive indicator of stabilizing price pressures as the year nears its end.
The cautious market sentiment is primarily driven by anticipation surrounding the upcoming International Monetary Fund (IMF) Executive Board meeting, where the final approval for the release of a $1.2 billion loan tranche to Pakistan is expected.
Additionally, investors were awaiting the State Bank of Pakistan's (SBP) upcoming monetary policy announcement, further contributing to the market's measured approach.
Earlier on Monday, the KSE-100 index had witnessed a bullish run, surging by 1,384.50 points, a positive change of 0.83 percent, to close at 168,062.19 points.
The market recorded a trading volume of 735.52 million shares valuing Rs46.18 billion, up from 592.74 million shares worth Rs41.96 billion in the previous session. Market capitalization also rose to Rs19.032 trillion from Rs18.866 trillion.
Out of 484 active companies, 278 closed higher, 162 declined, while 44 remained unchanged.
Trading activity was dominated by both strong gainers and notable decliners. Among the top advancers, SEL, KSTM, ESBL, ASIC, FEM, SPL, ELCM, PAKL, INKL, and SZTM posted double-digit and near double-digit percentage gains, reflecting investor interest in high-momentum stocks.
Meanwhile, the top decliners included TRSM, LIVENR, MWMP, TSBL, OML, CFL, TSMF, STYLERS, SML, and SGPL, all posting declines ranging from nearly 7 to 10 percent, as profit-taking intensified in certain counters.
Reporter: Kawish Memon