PSX Rebounds After Three-Day Slide: Nearly 500 Points Gained

The Pakistan Stock Exchange (PSX) ended its three-day losing streak on Friday, November 7, as the benchmark KSE-100 index posted a strong recovery. The market opened positively and stayed largely stable throughout the day, supported by fresh remittance data that boosted investor confidence.

According to the State Bank of Pakistan, overseas Pakistanis sent $3.4 billion in October 2025. This marked a 7.4% month-on-month and 11.9% year-on-year increase. Reportedly, the remittances reached $3.42 billion, up 12% YoY and 7% MoM. This rise in inflows lifted market sentiment and encouraged buying.

Market Performance

The KSE-100 index climbed to an intra-day high of 160,436 points after midday. However, profit-taking trimmed some gains in the later session. By the close, the benchmark settled at 159,592.90, up 496.11 points or 0.31%.

Reportedly, the index stayed in the positive zone for most of the day due to improved sentiment after consecutive negative sessions.

Several major companies helped lift the index. Mari Energies, UBL, Meezan Bank, Pakistan Petroleum, NBP, and MCB Bank collectively added 474 points.

In traded value, Attock Refinery led the session with Rs. 1.86 billion, followed by Mari Energies (Rs. 1.57 billion), NBP (Rs. 1.4 billion), Hubco (Rs. 1.25 billion), and Bank of Punjab (Rs. 819 million).

Market Activity

Trading volume fell compared to the previous session. The PSX recorded 768.8 million shares in total volume, down from 957.3 million. The traded value remained firm at Rs. 30.7 billion.

A total of 479 companies traded during the session. Out of these, 228 closed higher, 203 declined, and 48 remained unchanged.

First National Equities led the volume chart with 85.9 million shares, ending Rs. 1.04 lower at Rs. 19.29. Bank Makramah followed with 78.1 million shares, gaining Rs. 0.11 to close at Rs. 5.61. Pace Pakistan secured the third spot with 47.5 million shares, rising Rs. 0.72 to close at Rs. 29.11.

According to the NCCPL, foreign investors remained net sellers. They offloaded shares worth Rs. 594.5 million, putting slight pressure on the market.

Topline Market Review (Nov 07, 2025):

After few consecutive negative trading sessions some recovery was observed today at the exchange as KSE 100 Index largely traded in positive zone during the trading session to close at 159,920 level (up by 0.31%). This positivity can be… pic.twitter.com/HxNUpfuFrt

— Topline Securities Ltd (@toplinesec) November 7, 2025