SFD Rollover Boosts Share Prices at Pakistan Stock Exchange – SUCH TV

Pakistan Stock Exchange (PSX) saw renewed investor buying on Friday following positive political and economic developments. At 10:05 am, the KSE-100 index stood at 167,471.26, up 1,187.71 points (0.69%).

Out of 560 active companies, 310 advanced, 79 declined, and 171 remained unchanged.

Strong buying was observed in sectors like automobiles, cement, fertilizers, banks, oil & gas, OMCs, and power generation.

Major index-heavy stocks including ARL, HUBCO, MARI, OGDC, POL, PPL, SSGC, NBP, and UBL traded in the green.

The market was boosted by the Saudi Fund for Development (SFD) extending a $3 billion deposit maturing on December 8, 2025, for another year, supporting Pakistan’s foreign exchange reserves.

Confidence was further lifted after General Asim Munir’s appointment as Chief of Defence Forces (CDF).

On Thursday, the KSE-100 had closed at 166,283.55 points, up 138.20 points (0.08%).

Friday’s session recorded a trading volume of 607.79 million shares worth Rs31.224 billion, compared to 593.08 million shares valued at Rs44.424 billion in the previous session.

Market capitalization rose to Rs18.948 trillion from Rs18.915 trillion.

Lalpir Power led trading volumes with 108.918 million shares, followed by PIA Holding Company (37.829 million) and PTCL (34.470 million).

The top gainers included Service Industries Limited, rising by Rs157.80 to close at Rs1,735.80, and PIA Holding Company Limited-B, which gained Rs145.67 to settle at Rs24,379.00.

Major losers were Unilever Pakistan Foods Limited, which fell by Rs382.33 to close at Rs28,542.67, and Pakistan Services Limited, declining by Rs95.55 to close at Rs1,331.50.