PSX Surges to New Heights as KSE-100 Closes the Week on a High Note

The Pakistan Stock Exchange (PSX) wrapped up the final trading session of the week on a bullish note, with the benchmark KSE-100 Index climbing by 719.69 points, or 0.60%, to close at 119,691.09 on Friday, May 30, 2025. The performance further solidifies the market’s upward momentum, driven by strong sectoral gains and investor optimism across multiple segments of the economy.

The KSE-100 Index traded within a substantial range of 1,142.05 points during the day, reaching an intraday high of 119,913.88—up by 942.48 points—and touching a low of 118,771.83, down by 199.57 points. With a total volume of 211.92 million shares, market activity remained robust, highlighting a continued interest from institutional and retail investors.

Out of the 100 companies listed in the benchmark index, 56 closed in the green, 42 ended in the red, one remained unchanged, and one went untraded. The top performers of the session included Pakistan GasPort Consortium Limited (PKGP), which gained 10.00%, Kohinoor Textile Mills Limited (KTML) with a 7.19% increase, Bannu Woollen Mills (BNWM) up by 6.17%, Attock Petroleum Limited (APL) with a 6.07% rise, and Meezan Bank Limited (MEBL), which added 4.40% to its share price.

On the downside, some stocks saw significant losses. TPL Properties Limited Rights (TPLRF1) led the laggards with a 7.63% decline, followed by YouWealth (YOUW) down by 3.75%, K-Electric Limited (KEL) slipping 3.62%, Pakistan International Bulk Terminal Limited (PIBTL) dropping 3.55%, and Pakistan Telecommunication Company Limited (PTC) losing 3.16%.

Companies contributing most to the index’s upward trajectory included Fauji Fertilizer Company (FFC) with a massive 229.27-point boost, Meezan Bank (MEBL) adding 191.74 points, Hub Power Company (HUBC) with a 71.57-point contribution, PKGP at 64.05 points, and Engro Corporation Holdings (ENGROH) adding 58.31 points.

Conversely, the biggest index detractors were TPLRF1 (-39.48 points), Pakistan Petroleum Limited (PPL) (-38.92 points), Pakistan Oilfields Limited (POL) (-30.46 points), Millat Tractors Limited (MTL) (-20.59 points), and KEL (-18.47 points).

Sector-wise, the rally was largely driven by Fertilizer (+264.82 points), Commercial Banks (+260.49 points), Power Generation and Distribution (+122.35 points), Investment Banks and Securities Companies (+59.60 points), and Cement (+52.82 points). Sectors that weighed down the index included Technology and Communication (-28.55 points), Oil & Gas Exploration Companies (-28.11 points), Real Estate Investment Trusts (-27.40 points), Automobile Assemblers (-16.68 points), and Food and Personal Care Products (-12.25 points).

In the broader market, the All-Share Index also posted gains, ending the session at 74,761.31, an increase of 397.35 points or 0.53%. Total market volume stood at 580.26 million shares, a decrease from the previous session’s 741.65 million shares, while the traded value fell to Rs22.74 billion, down by Rs1.17 billion.

Trading activity was recorded across 474 companies, with 259 posting gains, 161 registering losses, and 54 remaining unchanged. Among the most actively traded stocks by volume were WorldCall Telecom (WTL) with 79.67 million shares, KEL with 47.70 million shares, and Cnergyico (CNERGY) with 35.76 million shares.

So far in the fiscal year, the KSE-100 has gained 41,246 points, representing an impressive 52.58% increase. The index is also up by 4,564 points, or 3.96%, since the start of the calendar year, reflecting a sustained bullish sentiment amid evolving economic and regulatory developments.

The closing bell at PSX this Friday underscores growing investor confidence, buoyed by corporate earnings, sectoral reforms, and improved economic indicators. As the market continues to push new boundaries, all eyes will remain on fiscal policies, global economic trends, and corporate performance in the days ahead.