The sharing market opened the week with a positive note, extending the record impulse last week in the middle of a sustained interest of investors in the next corporate profits and tax developments.
The KSE-100 Reference Index of the Pakistan Stock Exchange (PSX) rose to an intradic maximum of 142,174.23, winning 1,139.25 points, or 0.81%, while touching a minimum of 141,607.00, which reflects an increase of 572,02 points, or 0.41%, from the previous closure of 141,034,98.
“The actions quote all time in a new [high] Amid speculation before the main earnings ads that are owed this week, “said Ahsan Mehanti, managing director and CEO of Arif Habib Commodities.
“Strong financial results, rapia stability and thin inflation data played a catalyst role in the upward activity in PSX,” he added.
On Friday, the KSE-100 index was established in 141,034.98 points, an increase of 1,644.56 points, or 1.18%, from the previous closure of 139,390.42. The index had played a maximum of 141,160.93 and a minimum of 138,957.70 during the session. The base ended the week in a maximum historical closure, registering a cumulative gain of 1,828 points, or 1.31%, for the week.
Analysts hope that the upward trend persists, reinforced by anticipation around the next corporate profits and developments in the resolution of the circular debt problem.
While the Monetary Policy Committee (MPC) maintained the key interest rate in 11%, challenging the expectations of a basic points cut from 50 to 100, the decision occurred in the midst of inflation concerns. The main inflation increased to 4.1% year -on -year in July, compared to 3.2% in June, driven by a base effect that fades and the pressures on the side of the costs.
The sensitive price index (SPI) registered an interannual decrease of 0.9% in July, compared to a 1.9% drop in June and an increase of 15.7% in July 2024. SPI, SPI increased 3.1% in July 2025.
In the front of the currency, the rupee was appreciated for the second consecutive week, closing at RS282.72 per US dollar, 0.26% more than the previous week. The profits were backed by compliance actions against the black market, according to reports, after meetings between exchange dealers and intelligence officials.
The Government reported a positive fiscal yield, with the Federal Income Board (FBR) exceeding its Julio Income Objective at RS7 billion, raising RS755 billion. Meanwhile, the rupee appreciated 0.26% week after week to close at RS282.72 per US dollar, backed by continuous means of repression in the informal currency market.
However, the State Bank of Pakistan (SBP) reported a decrease of $ 153 million in its foreign exchange reserves, now at $ 14.3 billion as of July 25. The reversal of the 7.41 of RS7.41 per unit of relief of the electric rate introduced earlier this year has added more inflationary pressures on the side of the costs.
