PakStox Outlook

Today, the KSE100 Index closed at 116,440, losing 2,003 points (-1.7%) after reaching an all-time high last week. The market faced pressure amid rollover week and upcoming Eid holidays next week.

The KSE-100 Index has surged out of its consolidation phase, closing at 118,442 with a robust gain of 2,906 points (+2.52%). This breakout has propelled the index beyond its previous trading range, as it now tests higher resistance levels. Trading activity also saw a significant uptick, with volumes rising to 1,250 million shares, reflecting renewed investor confidence. The index continues to hold firmly above its 10-week EMA (113,678), underscoring the prevailing bullish momentum.

On Monday, 7th October 2024, the Pakistan Stock Exchange (PSX) witnessed a massive surge. The KSE-100 Index opened with a 120-point gain, soared by 1,516 points intraday, and briefly lost 228 points before closing strongly at 84,910 points, marking a remarkable net gain of 1,378 points. This follows the previous day's gain of 810 points. Over the last five trading sessions, the KSE-100 Index has accumulated a total of 3,796 points. Year-to-date, the index has gained an impressive 36%, reflecting sustained positive momentum in the market. Major Gainers Today: Hum Network (HUMNL) surged 10.0% to close at PKR 11.0. Pakistan National Shipping Corporation (PNSC) also increased by 10.0%, closing at PKR 389.9. Oil & Gas Development Company (OGDC) gained 7.7%, closing at PKR 166.9. Sui Northern Gas Pipelines (SNGP) saw a rise of 7.2%, closing at PKR 71.6. Pakistan Petroleum Limited (PPL) gained 6.8%, closing at PKR 126.7. Major Gainers in the Last 5 Trading Sessions: Nishat (Chun....

On Thursday, 3rd October 2024, the Pakistan Stock Exchange (PSX) experienced strong upward momentum. The KSE-100 Index opened with a gain of 109 points, rising an impressive 992 points intraday without any losses, and ultimately closing at 82,722, adding 755 points overall. It was straight up for the market throughout the day. More than half of the points in the KSE100 Index were contributed by FFC that rose 8.2%. Recall that merger of FFBL and FFC has been approved. This follows the previous day's gain of 162 points. Over the last five trading sessions, the KSE-100 Index has accumulated a total gain of 1,064 points. Year-to-date, the index has surged by 32%, reflecting continued positive performance in 2024. Today’s major gainer s on the Pakistan Stock Exchange (PSX) were led by Nishat (Chunian) Limited (NCL), which surged 10.0% to close at 28.3. TPL Trakker Ltd (TPLT) followed with an 8.7% rise, closing at 9.0, while Fauji Fertilizer Company (FFC) gained 8.2%, closing at 243.5. ...

The KSE100 Index closed at 78,571, down 230 points (26-Aug-2024). In the last 5 trading sessions, the KSE100 Index has lost a total of 741 points. After a massive net sale of $8 million on the last working day of the previous week, ‘Insurance Companies’ were also net sellers today, with a large net selling of $2.1 million.

Pakistan Stock Exchange (PSX) maintains its bullish momentum. Just two weeks ago, the KSE 100 Index soared to a record high of 67,000. Today, it breached another critical level, closing at a historic 70,314. The KSE 100 gained an impressive 695 points today, representing a 1% increase. Intra-day, the index surged to a high of 70,677, marking a rise of over 1,000 points. In the current month, with only six trading sessions completed, the KSE 100 has already accumulated significant gains of 3,310 points, translating to nearly 5%. Year-to-date, the index boasts an impressive 8.74% increase, and its one-year return surpasses a remarkable 76%. It's important to note that the KSE 100 is a total return index, factoring in cash dividend payouts. Fauji Fertilizer (FFC) was the biggest driver of today's KSE 100 surge, contributing a significant 217 points to the index's 695-point gain. FFC, with a 4.42% weighting in the index, surged roughly Rs 10 per share and closed at the upper li...

The Pakistan Stock Exchange (PSX) maintained a strong bullish trend throughout the week, largely influenced by increased buying activity from foreign corporations. The KSE100 Index recorded a gain of 1412 points, representing a 2.1% increase compared to the previous week. It's worth noting that the trading week (1st April to 4th April) was shortened by a day due to the closure of PSX on the final day, which coincided with Jumma-tul-wida. This marks the third consecutive weekly gain for PSX. Year-to-date, the PSX has shown a modest rise of 5.8% according to the KSE100 Index, while over the past one year, the index has seen a notable increase of over 72%. Additionally, this week witnessed the KSE100 Index surpassing the historic 68,000 level, marking another milestone. Just last week, the index had crossed the 67,000 mark, indicating a sustained positive trend in the market. See Weekly Price Chart tradingview.com/x/F5qBMfld

This week ending 29th Mar 2024 the KSE100 Index gained 1853 points rising +2.84%, closing above 67k level.. In this week yesterday, KSE100 Index had its highest close at 67142.

As we celebrate the KSE100 Index reaching another historic high and crossing 67K, closing at 67,142, it is worth remembering that the market capitalization of the hashtag # Pakistan Stock Exchange ( hashtag # PSX ) is now around USD 34 billion. In the middle of 2017, the market capitalization of hashtag # PSX was around USD 95 billion when the hashtag # KSE100 Index crossed above 50K (the hashtag # KSE100 Index closed at 52,869 on May 25, 2017). Imagine the level we have to rise to match our previous historic high, now buried in history. In the meantime, let us just celebrate this historic achievement.

A Selection from PakStox PSX Investment Universe. Tuesday, 18 April 2023 KSE100 Index 40,448 201.38 ↑ PSX:Ticker Price Change 52 Week Range EPS BV/Share PE Rs. % Rs. Rs. Rs. X OGDC 86.03 0.1% 109.6 - 69 37.2 221 69 PPL 67.33 0.2% 86 - 50.43 26.0 177 50 POL 399.87 0.3% 460 - 340 103.5 180 340 NRL 149.53 -0.2% 280.5 - 141.05 13.1 414 141 PSO 114.46 -0.2% 196.5 - 109.02 107.9 442 109 SNGP 40.83 -0.4% 48.45 - 25.4 18.1 63 25 HUBC 69.64 0.9% 80.35 - 57.05 21.5 44 57 KAPCO 25.18 2.4% 33.48 - 23.9 8.5 78 24 ENGRO 285.15 3.4% 308.8 - 225.3 36.8 158 225 EFERT 86.89 0.5% 102.4 - 74.6 11.5 32 75 FFC 99.98 -0.2% 128.89 - 97.45 15.8 40 97 NML 54.1 1.0% 88 - 49 35.7 239 49 ILP 49.02 2.0% 74.88 - 46.1 13.7 37 46 LUCK 392.97 -1.0% 611 - 375.55 51.5 415 376 DGKC 44.45 -0.6% 73.35 - 39 3.9 160 39 MLCF 26.26 -0.2% 38.65 - 19 4.4 41 19 FCCL 11.8 0.3% 18.5 - 10.24 3.8 29 10 EPCL 44.52 0.2% 93.48 - 39.75 12.4 29 40 AICL 23.95 -2.3% 34.99 - 23.5 7.4 71 24 ABOT 397.49 -0.8% 700 - 345 30.7 175 345 AGP 52.81 -0...