The KSE-100 Index experienced a volatile trading session on Tuesday, rising above the 134,000 mark before ending flat due to late-session profit-taking. Despite intraday optimism, the Pakistan Stock Exchange (PSX) closed marginally higher, reflecting cautious investor sentiment.
Market Swings Between Gains and Losses
The day began with selling pressure, pushing the KSE-100 down to an intraday low of 132,696.35. As trading progressed, investor confidence returned, and the index surged to a high of 134,200.27. However, late selling erased most of the gains, leaving the index to close at 133,403.19—up by just 33.05 points or 0.02%.
Key Sectors Lead Buying Activity
Activity was concentrated in sectors such as automobile assemblers, commercial banks, cement, oil marketing companies, and power generation. Major gainers included HUBCO, SSGC, and SNGPL. Analysts suggest that positive momentum can continue, provided the government enforces structural reforms.
Read: PSX Slumps as Iran-Israel Conflict Sparks Investor Caution
IMF Reforms Seen as Crucial
According to a report by NBP Funds, extending the current bull run depends on implementing International Monetary Fund-backed reforms. These include maintaining fiscal discipline, expanding the tax base, privatizing state-owned enterprises, and gradually removing subsidies. Analysts say such steps are difficult but essential for macroeconomic stability and long-term growth.
Previous Day’s Rally
On Monday, the market had recorded a strong rally, gaining 1,421 points (1.08%) to close at a record 133,370. That surge was driven by improving corporate earnings expectations, easing trade concerns, and stronger macro indicators.
Global Market Snapshot
Meanwhile, Asian markets remained steady despite fresh tariff concerns triggered by US President Donald Trump’s trade actions. Wall Street declined after Trump announced higher tariffs on imports from 14 countries, effective August 1. However, markets recovered slightly after Trump signaled potential flexibility.
Japan’s Nikkei turned positive, rising 0.4%, while South Korea’s KOSPI gained 1.5%. MSCI’s Asia-Pacific index, excluding Japan, edged up 0.2% in early trading, showing resilience amid global trade uncertainty.
Follow us on Instagram, YouTube, Facebook,, X and TikTok for latest updates
