PSX Starts on a Positive Note, KSE-100 Gains Over 900 Points
The Pakistan Stock Exchange (PSX) commenced trading on a promising note during the final session of the week, as the benchmark KSE-100 Index experienced a surge of over 900 points during Friday’s intra-day trading activities.
As of 2:50 PM, the KSE-100 Index was recorded at 117,860.28, reflecting an increase of 959.15 points, which translates to a 0.82% rise compared to the previous closing figure.
The bullish trend observed in the PSX trading session is a continuation of the momentum from the preceding session, where the KSE-100 concluded at 116,901.13.
In a significant economic development, Pakistan’s current account (C/A) demonstrated a substantial surplus of $1.2 billion in March 2025, a stark contrast to the deficit of $97 million (revised) recorded in the preceding month, according to data released by the State Bank of Pakistan (SBP) on Thursday.
On a year-on-year (YoY) comparison, the C/A exhibited a remarkable surge of 230% compared to the surplus of $363 million (revised) registered in the corresponding month of the previous year.
According to brokerage firms Topline Securities and Arif Habib Limited, the nation achieved its “highest-ever monthly C/A surplus” in March 2025.
In other parts of Asia, Chinese stock markets experienced a slight decline on Friday, poised to conclude the week with minimal change, as the market paused in response to indications from US President Donald Trump regarding a potential resolution to the trade disputes between the world’s two largest economies.
China’s CSI300 Index of leading companies and the Shanghai Composite Index both decreased by 0.4%. The CSI300 Index is on track to end the week with a marginal increase of 0.2%.
This information reflects an intra-day update.
Comments (0)
No comments yet. Be the first to comment!
Leave a Comment