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.
đ 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:
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Expanding bilateral trade
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Enhancing market access
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Attracting foreign investment
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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 countryâs untapped energy reserves.
đ Market Activity & Trading Volume
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đ Total Shares Traded: 577.3 million (up from 425.8 million)
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đ° Trading Value: Rs. 36.3 billion (up from Rs. 25 billion)
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đ˘ Companies Traded: 483
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đ˘ Gainers: 235
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đ´ Losers: 215
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⪠Unchanged: 33
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đ 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 |
đ Top Gainers
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Unilever Pakistan Foods Ltd. saw the highest gain of Rs. 477.94, closing at Rs. 33,497.96
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Pakistan Services Ltd. followed with a Rs. 36.02 rise, closing at Rs. 1,015.01
đ Top Losers
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PIA Holding Company Ltd. experienced the sharpest drop of Rs. 2,542.49, ending at Rs. 28,756.51
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SS Oil Mills Ltd. declined by Rs. 60.84, closing at Rs. 730.24
đ 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.