The Pakistan Stock Exchange (PSX) witnessed a strong resurgence as the KSE 100 Index rallied, closing at 185,099 points. This impressive surge, increasing by 3,642 points, marks a 2% rise for the week. Consequently, this remarkable positivity in the PSX market gains can be primarily attributed to substantial buying activity from local institutions, as reported by Topline Securities.
Key Contributors to the PSX Market Gains
Several key players significantly boosted the index’s performance. Specifically, OGDC, PPL, HUBC, ENGROH, FFC, UBL, and MEBL collectively contributed an impressive 1,725 points to the KSE 100 Index. Evidently, these companies demonstrated strong market confidence and investor interest.
Dominant Trading Activity and Market Volumes
Trading activity saw significant contributions from several major entities. National Bank of Pakistan (NBP) led with $22.78 million in traded value, closely followed by OGDC at $22.57 million and PPL with $22.13 million. Furthermore, PSO recorded $11.42 million, and HUBC generated $8.86 million, collectively dominating the day’s transactions.
On this particular day, the market experienced a robust trading volume of 956 million shares. Consequently, the total traded value amounted to a substantial Rs. 69.37 billion, reflecting strong investor engagement.
Top Performing Scrips on PSX
The following table provides a snapshot of the top-performing scrips, highlighting their prices, daily highs and lows, change, and traded volumes for the day. This data illustrates key market movements.
| SCRIP | PRICE | HIGH | LOW | CHANGE | VOLUME |
|---|---|---|---|---|---|
| AHCL | 18.21 | 18.79 | 17.1 | 1.08 | 72,955,233 |
| KEL | 6.4 | 6.45 | 6.2 | 0.24 | 39,195,090 |
| PIBTL | 20.93 | 21.4 | 20.3 | 0.74 | 36,204,591 |
| MDTL | 8.32 | 8.82 | 8.15 | 0.17 | 34,721,632 |
| NCPL | 73.21 | 76.88 | 71.05 | 2.19 | 32,544,008 |
| DSL | 7.73 | 7.9 | 7.61 | 0.13 | 28,683,195 |
| CNERGY | 7.62 | 7.66 | 7.41 | 0.22 | 24,408,560 |
Analyzing the Week’s Performance and Key Developments
Despite the strong daily finish, the overall weekly performance of the KSE 100 Index showed a more modest increase of only 0.37% week-over-week. This contrasts with the previous week’s gain of 3%. Consequently, this slowdown in market momentum is largely due to reduced inflows from local mutual funds, exacerbated by geopolitical tensions, particularly between the US and Iran.
Key Market Developments This Week:
- PAMA released car sales numbers for December 2025, reporting 13,280 units. This represents a substantial 35% increase year-over-year, although it marked a 14% decline month-over-month.
- The Large Scale Manufacturing (LSM) Index for November 2025 indicated a growth of 1.04% year-over-year and 0.2% month-over-month. Evidently, industrial activity remains steady.
- During the bond PIB auction, yields across various tenors declined by 59-70 basis points. This decline reflects current market expectations for a potential reduction in the policy rate during the upcoming monetary policy meeting later this month.
Weekly Trading Volumes and Values
The average daily traded volume for the week reached 982 million shares, which represents a 24% decrease week-over-week. Similarly, the average daily traded value amounted to Rs. 58.5 billion, indicating a 26% decline from the previous week. These figures highlight a moderated trading environment despite the strong closing performance.
