The KSE-100 Index extended its rally on Tuesday, adding 860.99 points (+0.91%) to close at 95,856.66. The index remained in the green throughout the session, reaching an intraday high of 96,036.48 (+1,040.81) and a low of 95,212.63 (+216.96). Total traded volume increased to 377.89 million shares, reflecting robust market activity.
Market Highlights
- Advancers: Of the 100 index companies, 63 closed up, 34 closed down, 2 were unchanged, and 1 remained untraded.
- Top Gainers:
- LOTCHEM (+10.03%)
- AGP (+10.00%)
- SYS (+8.61%)
- PTC (+8.03%)
- GHGL (+7.77%)
- Top Losers:
- PSX (-1.95%)
- KOHC (-1.67%)
- PAKT (-1.39%)
- LUCK (-1.16%)
- PGLC (-0.93%)
Index Contributions
- Positive Contributors:
- SYS: +248.86 points
- UBL: +95.05 points
- ABOT: +48.25 points
- PSO: +47.75 points
- EFERT: +44.23 points
- Negative Contributors:
- LUCK: -35.10 points
- MARI: -30.81 points
- ENGRO: -19.92 points
- POL: -16.88 points
- HUBC: -16.79 points
Sector Analysis
The index was driven by gains in:
- Technology & Communication: +287.16 points
- Pharmaceuticals: +149.21 points
- Commercial Banks: +146.41 points
- Fertilizer: +60.48 points
- Oil & Gas Marketing Companies: +49.59 points
Sectors that weighed on the index included:
- Cement: -47.81 points
- Investment Companies: -8.31 points
- Tobacco: -7.05 points
- Textile Composite: -3.75 points
- Engineering: -3.39 points
Broader Market Performance
The broader All-Share Index added 494.56 points (+0.81%), closing at 61,205.63.
- Market Volume: 830.93 million shares, up from 765.21 million in the previous session.
- Traded Value: Rs. 30.02 billion, an increase of Rs. 6.09 billion.
- Companies: Of 460 traded, 249 closed up, 156 closed down, and 55 remained unchanged.
Top Ten Active Stocks by Volume
| Symbol | Price (PKR) | Change % | Volume |
|---|---|---|---|
| HASCOL | 10.24 | +10.82% | 60,058,856 |
| KEL | 5.24 | +1.35% | 44,488,839 |
| CNERGY | 4.64 | +2.88% | 42,303,494 |
| KOSM | 8.11 | +5.88% | 40,653,449 |
| PTC | 18.56 | +8.03% | 40,072,992 |
| PRL | 27.37 | +4.43% | 39,507,003 |
| LOTCHEM | 19.97 | +10.03% | 34,686,933 |
| TPLP | 9.22 | +4.54% | 28,193,813 |
| WAVESAPP | 10.51 | +5.95% | 23,368,439 |
| SSGC | 26.80 | -0.92% | 22,676,011 |
Year-to-Date Performance
- Fiscal Year: The KSE-100 has gained 17,412 points (+22.20%) so far.
- Calendar Year: The index has surged by 33,406 points (+53.49%).
Outlook
The KSE-100 Index continues to reflect investor optimism fueled by improved macroeconomic indicators and favorable sector performance. Analysts expect further momentum, particularly in technology and banking sectors, while monitoring geopolitical risks and global market trends.
PAKISTAN MARKETS
The Pakistani Rupee (PKR) experienced a marginal decline of 9.69 paisa or 0.03% against the US Dollar in Tuesday’s interbank session, closing at PKR 277.95/USD, compared to the previous day’s value of PKR 277.86. During the session, the PKR recorded an intraday high (bid) of 278.10 and a low (ask) of 278.00.
Gold prices in Pakistan continued their upward trajectory on Tuesday, with the price of 24-karat gold per tola increasing by Rs.3,600 to Rs.273,500, according to the All Sindh Sarafa Jewellers Association. This marks a sharp rise from the previous day’s price of Rs.269,900.
In the international market, gold prices climbed by $36, reaching $2,623 per ounce from $2,587. This marks the second consecutive day of gains, driven by geopolitical risks and a pullback in the US dollar.
