Pakistan's KSE-100 opens little changed at 136,024.40

Pakistan's KSE-100 opens little changed at 136,024.40

The Pakistan Stock Exchange (PSX) opened the trading session on July 2, 2025, with the KSE-100 index little changed at 136,024.40, indicating a cautious start to the week. This follows the benchmark's remarkable rally to a new all-time high of 136,502.54 on Monday, driven by robust interest from mutual funds and institutional investors [1].

The market's performance was supported by encouraging economic developments and strong participation from local investors. The KSE-100 index gained 2,202.77 points, or 1.64%, during the session, reaching an intra-day high of 136,841 before closing at the new peak of 136,502.54 [1].

Banking sector heavyweights, including UBL, HBL, Fauji Fertiliser Company, Bank AL Habib, and MCB Bank, collectively contributed 1,443 points to the benchmark index. Trading volumes were vibrant, with over 841 million shares traded, and the total traded value climbed to Rs37 billion [1].

However, recent political uncertainty and geopolitical tensions have been a source of concern for investors. The PSX has been volatile, with significant declines in recent weeks due to political and economic uncertainty. The market's performance has been influenced by the ongoing negotiations over trade agreements and tariffs between Pakistan and the United States [3].

In addition to economic and political factors, corporate developments such as Honda Atlas Cars' introduction of its first hybrid SUV, the HR-V e:HEV, have contributed to market sentiment. The launch marks Honda's official entry into the hybrid C-segment SUV market [1].

Overall, the market's performance remains mixed, with investors cautious due to political uncertainty and economic developments. The KSE-100 index's opening at 136,024.40 reflects a balanced start to the week, with both positive and negative factors influencing market sentiment.

References:
[1] https://tribune.com.pk/story/2555808/psx-crosses-135000-point-mark-for-first-time-as-week-kicks-off-with-gains
[2] https://in.investing.com/indices/karachi-100
[3] https://www.arabnews.com/node/2601864/pakistan