KSE 100 Index decline Weekly Basis

Staff Report:

Islamabad: KSE 100 Index decline -0.45% on WoW basis, where market remain largely lackluster during the week as investors preferred to remain on sidelines before the upcoming budget announcement on June 2, 2025

Major development during the outgoing week were: 1) National Accounts Committee (NAC) approved 3QFY25 provisional GDP growth of 2.40%, where committee also revised GDP growth for 1QFY25 and 2QFY25 to 1.37% and 1.53%, respectively, compared to earlier estimates of 1.34% and 1.73%.,repectively, 2) downward revision in National Saving certificate rates in the range of 10bps to 100bps and 3) country’s total liquid foreign exchange reserves after IMF tranche surged to $16.649 billion as of May 16, 2025 compared to $15.614 billion as of May 9, 2024.

KSE 100 Index declined 1.17% on Weekly Basis

Investor participation declined during the outgoing week as average daily traded volume and value stood at 492mn shares (down by 25% WoW) and PKR.23.8bn (down by 38% WoW) respectively