KSE-100 Index Makes Small Gains Amid Global Instability

The Pakistan Stock Exchange (PSX) saw modest upward movement on Wednesday, June 25, 2025, with the KSE-100 Index closing at 122,761.64, reflecting a gain of 515.01 points or 0.42%. This slight increase comes against a backdrop of mixed global market signals, driven by geopolitical developments and shifting economic indicators.

The KSE-100 Index experienced a volatile session, reaching an intraday high of 123,256.55, up 1,009.92 points, before dipping to a low of 122,168.76, down 77.87 points. This followed a significant rally on June 24, when the index surged by 6,079.17 points, marking one of its largest single-day gains, fueled by optimism surrounding a reported ceasefire between Iran and Israel. The ceasefire news, coupled with positive domestic economic signals like an Asian Development Bank (ADB) deal, bolstered investor confidence.

Market sentiment on X reflects cautious optimism, with some analysts noting that the KSE-100’s recent performance aligns with global market trends responding to de-escalating tensions in the Middle East. However, posts on X also highlight lingering concerns about potential corrections, as the index had previously faced a sharp 3,855.76-point drop on June 23 amid heightened US-Iran tensions.

The Pakistani rupee showed marginal improvement, appreciating by 0.04% against the US dollar in the interbank market, providing a stable currency backdrop. Meanwhile, improving consumer confidence, up 9.2%, and expectations of stronger domestic demand further supported the PSX’s positive momentum.

Published in SouthAsianDesk, June 26th, 2025

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