PSX opens higher as KSE-100 gains more than 800 points

The Pakistan Stock Exchange (PSX) opened in positive territory on Tuesday, November 25, continuing the tentative recovery seen at the start of the week.

The benchmark KSE-100 index began the day up by 676.15 points, reaching 162,660.23 around 9:33 AM, with an early trading volume of over one million shares.

By 10:02 AM, momentum had strengthened as the index climbed further by 835.77 points, touching 162,819.85 with trading activity rising to 20.77 million shares.

The market maintained its upward trajectory into midday, with the KSE-100 recorded at 162,337.79 at 12:19 PM, up 353.71 points or 0.22 percent, on a cumulative volume exceeding 67 million shares. The intraday trading range so far has been between 162,163.10 and 162,819.85 points.

Gainers and losers

Market performance continued to reflect optimism, with several heavyweights and actively traded stocks seeing notable movements. Among the top gainers, KSTM, FCIBL, SGPL, POWERPS, ANTM, PAKL, LPGL, SCL, DSIL, and SPL all reported gains of around 10 percent, signalling strong investor appetite in select sectors.

Meanwhile, some prominent decliners tempered the market’s overall advance, including FSWL, TRSM, ASLCPS, PACE, JSBL, and DMC, with losses ranging from nearly 6.5 percent to 10 percent. Actively traded stocks included TBL, PTC, and BML, each seeing significant intraday activity, while PACE and PIAHCLA moved lower, reflecting mixed sentiment across different sectors.

Looking at broader trends, the PSX has shown remarkable growth over the past year, with the KSE-100 up by 65.52 percent in one-year terms. Year-to-date gains stand at 41.01 percent, demonstrating sustained investor confidence despite periodic volatility.

Over the 52-week period, the index has oscillated between a low of 94,180.60 and a high of 169,988.62, highlighting both the market’s capacity for growth and the challenges it faces in maintaining momentum.

Previous close

The previous trading session on Monday saw the KSE-100 close at 161,984.08, down 118.84 points or 0.07 percent. The index had traded in a wide range of 1,143.86 points, with an intraday high of 162,385.32 and a low of 161,241.46.

The total volume reached 154.38 million shares, with 38 companies closing higher, 59 ending lower, and three remaining unchanged. Key gainers included PIOC (+5.45%), UNITY (+2.23%), and CPHL (+1.97%), while KTML (-3.17%), ISL (-2.58%), POL (-2.44%), SSGC (-2.43%), and CNERGY (-2.17%) were among the top laggards. Monday’s performance set a mixed backdrop for Tuesday, with early signs pointing to a stronger buying trend, particularly in select sectors.