PSX ends two-session rally, sheds 347 points amid profit-taking
https://www.dawn.com/news/2021368
The Pakistan Stock Exchange (PSX) ended a two-session recovery rally on Friday, shedding 347 points amid profit-taking from investors ahead of the weekend. The KSE-100 index, which saw buying interest in the final hours, ultimately closed at 181,430.02 points, down 0.19 percent. The decline was primarily attributed to the rebound in international oil prices, prompting investors to book profits.
The trading volume decreased by 9.74 percent to 716 million shares, while the traded value fell by 15.40 percent to R34.1 billion. Despite the downturn, Mari Energies reported record FY26 earnings of Rs87 billion, with 4QFY26 earnings per share (EPS) of Rs31.2, driven by higher oil prices and increased production. Analysts predict the market will remain range-bound in the near term, awaiting new macroeconomic and corporate catalysts.
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