May 25, 2025 (MLN): Market participants have adopted a cautious attitude through smart trade strategies; However, the market remained sideways and volatile, because both buying and the sale continued because of the upcoming federal budget for FY2025- 26 and the discussions about the 11 conditions of the IMF.
Accordingly, the index lost 546.47 points or 0.46%, so that the session was closed at 119.102.67 compared to the end of the last week of 119,649.14.
Intraday swings were significant, with the index reaching a peak of 120.699.17 (+1.596.50 points) and a low point of 118,527.09 (-575.8 points).
Market capital
The KSE-100 market capitalization was RS3.56 trillion, a decrease of 0.46% compared to the RS3.57TR of the last week. In USD conditions, market capitalization was registered at $ 12.63 billion, compared to $ 12.70 billion in the previous week.
This week the index return in USD conditions -0.56%, compared to 11.655% last week was compared to 11.655%.
On the economic front, the repatriation of profit and dividends of foreign investors rose by 108.63% JoJ in 10mfy25 to $ 1.84 billion compared to $ 882.55 million in repatriation in the same period last year.
The foreign exchange reserves of the State Bank of Pakistan (SBP) rose by $ 1.04 billion or 10.03% WOW to $ 11.45 billion during the week ended on May 16, 2025.
The sharp increase in reserves came after Pakistan received an SDR 760 million on 13 May 2025, equal to around $ 1,023 million from the IMF under the extensive fund facility (EFF).
Car financing in Pakistan has risen by 11.72% to RS257.36 billion, compared to the same period last year when the financing figure was reported on RS235.69 billion.
The positive economic signals helped to stabilize the sentiment of investors, so that the fiscal year-to-date return of the KSE-100 Index was pushed to 51.82%, while the Cytd return was 3.45%.
Top Index Movers
During the week, cement, oil and gas exploration companies, fertilizer and car -assembler -339.22, -267.82, -222.62 and -55.06 points respectively.
On the other hand, inv. Banks and power generation and distribution added 184.11 and 60.05 respectively.
Under individual shares Luck, FFC, Mari and MCB lost -257.91, -237.55, -211.09 and -131.34, respectively.
Fipi/lipi
This week, foreign investors remained net sellers, with shares worth $ 0.33 million unloaded.
Foreign companies led $ 1.44 million, while overseas Pakistanis bought shares worth $ 1.11 million.
On the other hand, local investors were net buyers this week and bought shares worth $ 0.33 million.
Individuals and insurance companies have purchased effects worth $ 13.08 and $ 7.54 million respectively, while investment funds sold effects worth $ 10.11 million.
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Posted on: 2025-05-25T22: 26: 13+05: 00
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