{"id":30115,"date":"2025-12-04T15:05:20","date_gmt":"2025-12-04T15:05:20","guid":{"rendered":"https:\/\/ipp-news.com\/?p=30115"},"modified":"2025-12-04T15:05:20","modified_gmt":"2025-12-04T15:05:20","slug":"psx-ends-flat-at-166k-as-market-consolidates","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=30115","title":{"rendered":"PSX ends flat at 166k as market consolidates"},"content":{"rendered":"<div>Pakistan&#8217;s main stock index, the KSE-100, ended almost flat Thursday, rising just 0.08% to 166,284 points \u2014 a gain of only 138 points. It stayed within a narrow range throughout the day, moving between 165,886 and 166,837, as investors held back before the weekend.<\/p>\n<p>&#8220;Pakistan Stock Exchange extended its consolidation phase as the KSE-100 Index closed on a flattish note at 166,284 points, up 138 points or 0.08%,&#8221; said Ali Najib, Deputy Head of Trading at Arif Habib Ltd.<\/p>\n<p>Throughout the session, the benchmark moved in both directions within a narrow 951-point band, recording an intra-day high of 166,837 (+692 points; 0.42%) and a low of 165,886 (-259 points; 0.16%).<\/p>\n<p>On the corporate front, Service Industries surged to its upper circuit (+Rs 157.80; 10%) after announcing a Board meeting, other than financial results, scheduled for tomorrow at 10 am. Meanwhile, Fatima Fertiliser (+Rs 1.41; 0.94%) notified PSX that its subsidiary, Fatima Petroleum, has partnered with MARI and Turkish Petroleum to cover two offshore blocks.<\/p>\n<p>Among major movers, SRVI, PIOC, PTC, ENGROH, and PPL collectively contributed 288 points to the index, while FFC, PSEL, MARI, UBL, and MEBL cumulatively eroded 605 points.<\/p>\n<p>Market activity remained moderate, with 606.6 million shares traded and total turnover exceeding Rs 31 billion. LPL led the volume chart with 108.9 million shares.<\/p>\n<p>Looking ahead, as we approach the last session of the week, the market is expected to rebound toward the weekly high of 169,289 before making another attempt at a new all-time high. On the downside, the 165\u2013166k zone is likely to act as a key support area.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Pakistan&#8217;s main stock index, the KSE-100, ended almost flat Thursday, rising just 0.08% to 166,284 points \u2014 a gain of only 138 points. It stayed within a narrow range throughout the day, moving between 165,886 and 166,837, as investors held back before the weekend. &#8220;Pakistan Stock Exchange extended its consolidation phase as the KSE-100 Index [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-30115","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/30115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=30115"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/30115\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=30115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=30115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=30115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}