Sunday, December 7, 2025

PSX Index Gains Amid Volatility and Economic Concerns

by Priya Shah – Business Editor

PSX Climbs Above 158,000 points for the First Time

KARACHI: The Pakistan Stock Exchange (PSX) concluded a volatile week on a positive note, with the benchmark‌ KSE-100‌ index settling above ⁤the 158,000-point mark for the first time.

The index experienced a ⁣fluctuating session, reaching an intraday high of 159,337 points before retracting⁤ to 157,522 points in the afternoon. Despite the swings,‌ the KSE-100 ultimately closed at 158,037 points, a marginal gain of 0.05%.

Ali Najib, Deputy⁤ Head⁤ of Trading ‌at Arif Habib Ltd, described the week⁤ as a “roller-coaster” ⁢but emphasized the market’s success in “defend[ing] the 158,000-point mark.”

increased market participation was observed, with trading volume rising by 4.52% to exceed 2 billion shares. The value of trades also saw a⁣ important increase, surging by 21.67% to Rs69.2​ billion.‍ Cnergyico PK led in trading volume, with 170.2⁢ million shares⁣ changing hands.

However, the positive​ market performance is ⁢set against a‌ backdrop of growing macroeconomic concerns. The ⁣current account ‌deficit widened to $245 million‌ in ⁣August, a considerable increase from $82 million in the⁣ same month⁢ last year. This brings the⁣ cumulative shortfall⁣ for ⁣the first two⁢ months of FY26 to $624 million, up from $430 million‌ during the corresponding period in FY25,⁢ indicating increasing external economic pressures.

Looking​ ahead,the KSE-100 is ‍currently trading within the 155,000-158,000 range.Analysts suggest a breakout ⁣above this range ⁢could potentially drive the index to new ‍highs.

Published ​in‍ Dawn, September 20th,‌ 2025

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