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Home Business & Stock

PSX breaks record rally, sheds 68 points

MM News Staff by MM News Staff
July 18, 2025
(File Photo)

(File Photo)

The Pakistan Stock Exchange ended its record-breaking streak on Friday, as the benchmark KSE-100 Index declined by 68.13 points, closing at 138,597.36 — a marginal drop of 0.05%.

The trading session began on a strong note, with the index crossing the 140,000 mark amid sustained buying interest. However, profit-taking activity during the latter part of the day trimmed most of the intraday gains.

Investor interest remained evident in key sectors, including automobile assemblers, commercial banks, oil and gas exploration companies, and oil marketing companies. Prominent index-heavy stocks such as MARI, OGDC, PPL, POL, ARL, MCB, MEBL, and UBL closed in the green.

Market analysts maintained a positive outlook, citing encouraging macroeconomic indicators as a continued source of support for equities.

The previous session on Thursday saw a sharp advance, with the KSE-100 Index rising by 2,285 points, or 1.68%, to close at a historic high of 138,665.50.

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