24/05/2025
PSX Market Summary โ Thursday, May 23, 2025
The Pakistan Stock Exchange (PSX) experienced a subdued session on Thursday, as the benchmark KSE-100 index edged lower by 50.37 points, settling at 119,102.67. This marginal dip of 0.04% came after the index fluctuated within a narrow range, touching an intraday high of 119,542.51 and a low of 118,665.25, reflecting cautious sentiment among investors amid a lack of major market-moving catalysts.
Trading activity remained relatively light, with volumes contracting to just under 100 million shares, while the total traded value amounted to approximately PKR 10.48 billion. The market breadth was negative, as 232 stocks declined compared to 183 advancers, with 44 remaining unchanged out of 459 total scrips.
Despite the overall muted performance, select stocks posted impressive gains. BBFL led the volumes chart with over 32 million shares changing hands, gaining 4.04% on renewed investor interest. DOL followed suit with a strong 6.77% rally, while WTL, despite being among the top active counters, dipped 1.57%.
Among the standout gainers, ALAC soared by 20.66%, followed by PPVCNC and AMBL, which recorded double-digit gains, indicating selective buying in second-tier names. On the flip side, 786, HAEL, and ACIETF topped the list of decliners, each shedding around 10% and weighing on overall sentiment in the lower market caps.
Technically, the 14-day Relative Strength Index (RSI) stood at 56.5, suggesting a balanced momentum, while the MACD histogram remained positive at 613, indicating underlying bullish tendencies despite the dayโs marginal pullback.
Market analysts described the session as a healthy breather after recent rallies, emphasizing that the slight dip does not signify a change in trend. Investors are now looking ahead to economic policy developments and corporate updates for future direction.