PSX Surges Over 978 Points as Pakistan-US Trade & Oil Deal Lifts Market Sentiment
The Pakistan Stock Exchange (PSX) continued its strong bullish trend on Thursday, with the benchmark KSE-100 Index gaining 978 points, or 0.71%, to close at 139,390 points, up from 138,412 points in the previous session.
🌍 Positive Global Developments Fuel Market Rally
Investor confidence soared following the announcement that Pakistan and the United States had finalized a landmark trade agreement aimed at:
-
Expanding bilateral trade
-
Enhancing market access
-
Attracting foreign investment
-
Promoting cooperation in energy and other key sectors
In a major development, U.S. President Donald Trump also announced a strategic oil exploration partnership with Pakistan, aimed at tapping the country’s untapped energy reserves.
🔄 Market Activity & Trading Volume
-
📊 Total Shares Traded: 577.3 million (up from 425.8 million)
-
💰 Trading Value: Rs. 36.3 billion (up from Rs. 25 billion)
-
🏢 Companies Traded: 483
-
🟢 Gainers: 235
-
🔴 Losers: 215
-
⚪ Unchanged: 33
-
🔝 Top Traded Companies
| Company | Volume | Price (Rs.) |
|---|---|---|
| Bank of Punjab | 82.9 million | 14.06 |
| Invest Bank | 37.1 million | 8.99 |
| Oil & Gas Dev. | 24.2 million | 233.01 |
📈 Top Gainers
-
Unilever Pakistan Foods Ltd. saw the highest gain of Rs. 477.94, closing at Rs. 33,497.96
-
Pakistan Services Ltd. followed with a Rs. 36.02 rise, closing at Rs. 1,015.01
📉 Top Losers
-
PIA Holding Company Ltd. experienced the sharpest drop of Rs. 2,542.49, ending at Rs. 28,756.51
-
SS Oil Mills Ltd. declined by Rs. 60.84, closing at Rs. 730.24
📊 Market Outlook
The rally reflects growing investor optimism surrounding international partnerships, improved macroeconomic indicators, and positive policy momentum. With renewed foreign interest and strong trading volumes, analysts believe the KSE-100 Index could maintain upward momentum in the near term.
