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Benchmark Surge
The KSEā100 index surged 1,421.08 points (āāÆ1.08%) to close at 133,370.14, decisively breaching the psychological 133,000 mark dps.psx.com.pk, arynews.tv). Throughout the day, it reached an intraday high of 133,862.01 and a low of 132,467.12 (dps.psx.com.pk).
Volume & Value Highlights
- Volume: ~920 million shares (up from ~733 million on the previous trading day) (arynews.tv).
- Total traded value: PKRāÆ45.31āÆbillion, compared to PKRāÆ34.92āÆbillion on the prior session (psx.com.pk).
Market Breadth
- Advancers: 297
- Decliners: 155
- Unchanged: 25
Key Sectoral & Stock Drivers
- Banking stocks led the rally, fueled by investor optimism around robust earnings and expected dividend payouts for the June quarter.
- Textile stocks also posted gains, influenced by upbeat sentiment over a potential USāPakistan tariff agreement (arynews.tv).
Top Traders of the Day
- Best trading volume: Image Pakistan (48āÆm shares, PKRāÆ36.32), Bank of Punjab (42.5āÆm at PKRāÆ11.87), WorldCall Telecom (36.9āÆm at PKRāÆ1.55).
- Biggest price gainer: Hoechst Pakistan (+PKRāÆ158.11 to PKRāÆ3,526.13), followed by Lucky Core Industries (+PKRāÆ158.05 to PKRāÆ1,738.51).
- Largest decliner: PIA Holding (-PKRāÆ1,882.55 to PKRāÆ21,787.59), with Unilever Pakistan Foods also down PKRāÆ247.84 to PKRāÆ23,399.15.
Analystsā Notes
Market observers from Topline Securities and Arif Habib Corporation highlighted:
- Easing concerns over USātariffs and progress on a trade deal with Pakistan.
- Strengthening macroeconomic indicatorsārising FX reserves (~USDāÆ14.5āÆbn in June) and rupee stability.
- Ongoing reforms, including privatization of state enterprises, adding to investor confidence.
Macroeconomic Outlook
Memory of prior market stress has largely faded as geopolitical tensions cool, FX reserves rise, and investor sentiment brightensāfueling projections for a continued rally in the months ahead .
š Blog Summary Suggestions
- Lead with the milestone: emphasize the 133,000+ breakthrough.
- Highlight volume/value spike: key driver of sentiment.
- Quote analysts: add color and projection context.
- Eye on the future: mention expected bullish continuation.