Karachi – 25 July 2025

The Pakistan Stock Exchange (PSX) witnessed a positive trading session today, with the benchmark KSE-100 Index closing at 139,207, marking an increase of 515 points. The index sustained its upward trajectory throughout the day, recording an intraday high of 139,437 and a low of 138,809.

Total market participation remained modest, with 191 million shares traded, while total turnover stood at PKR 13.7 billion.

Key Index Movers

The upward movement in the index was largely driven by selective buying in heavyweight sectors. Major positive contributors included:

• Engro Corporation (ENGROH): +3.5% | +239 points
• United Bank Limited (UBL): +0.7% | +77 points
• Lucky Cement (LUCK): +1.4% | +74 points
• Meezan Bank (MEBL): +1.2% | +60 points
• National Bank of Pakistan (NBP): +2.0% | +42 points

Volume Leaders

• Bank of Punjab (BOP) led the volume chart with 50.3 million shares traded
• K-Electric (KEL) followed with 25 million shares

Sectoral Highlights

Strong investor interest was noted in:

• Banking
• Exploration & Production (E&Ps)
• Cement
• Fertilizers

Despite relatively lower volumes, sentiment remained upbeat, supported by expectations of healthy dividend payouts, especially from the Banking and Fertilizer sectors.

Outlook by Azee Securities

We anticipate continued short-term volatility amid global and local macro developments. However, the broader market outlook remains positive, underpinned by corporate earnings season and attractive dividend yields.

Investment Strategy:

We advise clients to focus on fundamentally strong and dividend-yielding sectors such as:

• E&Ps
• OMCs
• Fertilizers
• Banks

Stay connected with Azee Securities for timely insights and expert research on market developments.