PSX recovers over 1,200 points after early dip

KARACHI: The Pakistan Stock Exchange (PSX) began the first trading day of the week and the month on a positive note, with the benchmark KSE-100 index quickly swinging between gains and losses before recovering strongly by midday on Monday.

The benchmark index opened at 149,079.23, gaining 461.46 points with a volume of nearly 13 million shares by 9:30 AM. Within minutes, the index extended its rise to 149,229.85, up by 612 points, as volumes crossed 22 million. However, the early momentum faded, and the index slipped into negative territory, touching the day’s low of 148,500.20 by 9:45 AM on a surge in activity that pushed volumes past 77 million shares.

The fall proved short-lived. From 9:53 AM onwards, the market staged a sharp recovery. By 12:27 PM, the KSE-100 surged by 1,230.67 points to reach the day’s high of 149,848.44, with traded volumes swelling to nearly 320 million shares. As of 12:44 PM, the index was seen at 149,591.41, up 973.64 points or 0.66 percent, maintaining a firm position in positive territory.

As of 12:44 PM on September 1, 2025, the KSE-100 index had traded between a day’s low of 148,500.20 and a high of 149,848.44. The total volume stood at nearly 331 million shares. On a longer view, the index has gained 90.59 percent over the past year and is up 29.94 percent so far in 2025. In terms of its 52-week performance, the benchmark has moved within a range of 78,240.37 to 151,261.67.

Top performers

The standout gainers included MDTL (up 17.84 percent at Rs4.03), FNEL (up 16.56 percent at Rs7.04), WAVES (up 10.03 percent at Rs10.97), and BOP (up 10.02 percent at Rs16.58). Other strong performers were MWMP, GEMSPNL, JUBS, NRL, ASIC, and IDSM, each closing around the 10 percent mark in early intraday trade.

Decliners

On the other hand, JKSM led the laggards with a sharp fall of 9.53 percent to Rs226.18. DIIL dropped 9.11 percent to Rs32.72, while NSRM and ELCM fell 8.17 percent and 8.05 percent respectively. Other notable losers were FSWL, ASTM, RUPL, TOMCL, GOC, and PKGP, which shed between 5.5 percent and 7.6 percent.

KSE-100 companies in red

Among index-heavy companies, several names were trading lower. PKGP slipped 5.59 percent to Rs117.19, IBFL dropped 2.85 percent to Rs306.05, and AGL fell 2.79 percent to Rs75.25. Banking stocks such as PABC and BAFL were weaker, while consumer names including Nestle Pakistan (-1.37 percent) and Unilever Pakistan Foods (-0.66 percent) also traded in the red. Technology and cement stocks like SYS (-1.22 percent) and MLCF (-1.03 percent) were among those under pressure.

Comparison with previous close

The KSE-100 had ended Friday’s session at 148,617.77, gaining 1,274.27 points or 0.86 percent over the week. That session had seen an intraday high of 149,234.94 and a low of 147,488.46, with volumes at 624.6 million shares.

At the time, DG Khan Cement, Fauji Cement, and TGL were among the top gainers, while Indus Motors, EFU General Insurance, and EPCL weighed on the index.

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