Stock Market Performance 09-Jan-2025: The Pakistan Stock Exchange witnessed another challenging trading session on January 9, 2025, as the KSE-100 Index fell by 1,510.19 points (-1.32%), closing at 112,638.26. This marks a continuation of the bearish trend from the previous day, highlighting increased volatility and investor caution. The index fluctuated between a high of 114,329.95 and a low of 112,594.66, reflecting persistent pressure on key sectors. Trading volumes slightly improved to 268.72 million shares, compared to 254.28 million shares on January 8, 2025, suggesting moderate investor participation despite negative sentiment.
The Year-to-Date (YTD) change further deepened into negative territory at -2.16%, compared to -0.85% recorded the day before. The one-year change remained strong at 75.53%, slightly lower than the 77.70% from the prior session, emphasizing the market’s impressive performance over the past year despite recent declines. The back-to-back losses indicate growing concerns over macroeconomic conditions and potential profit-taking by investors.
| Metric | Value |
|---|---|
| Closing Value | 112,638.26 |
| Change | -1,510.19 (-1.32%) |
| High | 114,329.95 |
| Low | 112,594.66 |
| Volume | 268,719,964 |
| 1-Year Change | 75.53% |
| YTD Change | -2.16% |
| Previous Close | 114,148.45 |
| Day Range | 112,594.66 – 114,329.95 |
| 52-Week Range | 59,191.86 – 118,735.10 |
Top Active Stocks
The list of Top Active Stocks for January 9, 2025, was led by WTL, trading 195.27 million shares at a stable price of PKR 1.79 with no change from the previous day. Despite the bearish environment, LOTCHEM stood out with a gain of 2.90%, closing at PKR 21.67 and trading 19.94 million shares. In contrast, CNERGY experienced a significant decline of -4.43%, falling to PKR 6.69 on a volume of 35.42 million shares. The energy sector continued to face challenges, as seen in the performance of PRL (-3.43%) and FFL (-5.61%).
Compared to January 8, the active stocks demonstrated mixed trends, with reduced volumes for WTL but notable performance improvement for LOTCHEM. The decline in CNERGY and PRL reflects persistent weakness in the energy sector, consistent with the previous day’s pressure.
| Symbol | Price | Change | Volume |
|---|---|---|---|
| WTL | 1.79 | 0.00 (0.00%) | 195,271,482 |
| KEL | 4.76 | -0.10 (-2.06%) | 48,682,503 |
| CNERGY | 6.69 | -0.31 (-4.43%) | 35,420,748 |
| FFL | 16.65 | -0.99 (-5.61%) | 25,938,350 |
| PAEL | 40.87 | -0.30 (-0.73%) | 23,144,364 |
| LOTCHEM | 21.67 | 0.61 (2.90%) | 19,944,238 |
| BOP | 10.14 | -0.11 (-1.07%) | 15,645,082 |
| TELE | 8.73 | -0.27 (-3.00%) | 13,167,756 |
| PRL | 38.27 | -1.36 (-3.43%) | 11,596,990 |
| PACE | 7.01 | -0.21 (-2.91%) | 10,618,565 |
Top Advancers: Stock Market Performance 09-Jan-2025
The Top Advancers list displayed remarkable gains despite the overall market slump. NEXT led the charge with a 10.54% increase, closing at PKR 10.49 with a volume of 160,148 shares. Similarly, DADX and JDWS both posted impressive gains of 10%, driven by optimistic sectoral sentiment. However, the limited trading volumes in these advancers indicate selective buying rather than a broad-based market rally.
Compared to the top advancers from January 8, where financial stocks like JSBL posted double-digit gains, January 9 witnessed a shift towards smaller-cap stocks and selective sectors. The lack of widespread participation underscores cautious optimism among investors.
| Symbol | Price | Change | Volume |
|---|---|---|---|
| NEXT | 10.49 | 1.00 (10.54%) | 160,148 |
| DADX | 64.00 | 5.82 (10.00%) | 84,500 |
| JDWS | 995.45 | 90.50 (10.00%) | 4,429 |
| DLL | 325.73 | 29.61 (10.00%) | 43,102 |
| MFL | 48.48 | 4.29 (9.71%) | 239,987 |
| ASTM | 16.33 | 1.22 (8.07%) | 53,972 |
| TPLRF1 | 15.48 | 1.14 (7.95%) | 153,105 |
| JSGBETF | 22.86 | 1.62 (7.63%) | 34,000 |
| PIM | 12.85 | 0.85 (7.08%) | 1,545 |
| GEMPAPL | 8.00 | 0.49 (6.53%) | 50,600 |
Top Decliners: Stock Market Performance 09-Jan-2025
The Top Decliners on January 9 painted a grim picture, with FECM suffering the largest loss of -10.67%, closing at PKR 5.36. High-cap stocks like SUHJ and LIVEN also faced steep declines of -10%, reflecting selling pressure in major sectors. The heavy decline in BELA (-9.33%) and FRCL (-9.95%) further signals weakness in the market, particularly in manufacturing and services sectors.
In comparison to January 8, where PASM recorded the steepest decline of -11.11%, January 9 saw relatively lower declines but with a broader range of stocks underperforming. This sustained downward momentum suggests growing bearish sentiment across the market.
| Symbol | Price | Change | Volume |
|---|---|---|---|
| FECM | 5.36 | -0.64 (-10.67%) | 1,012 |
| SUHJ | 140.74 | -15.64 (-10.00%) | 414 |
| POWERPS | 11.25 | -1.25 (-10.00%) | 500 |
| LIVEN | 160.68 | -17.85 (-10.00%) | 14,395 |
| AATM | 70.94 | -7.88 (-10.00%) | 3,929 |
| SHCM | 32.11 | -3.56 (-9.98%) | 4,668 |
| FRCL | 21.82 | -2.41 (-9.95%) | 54,811 |
| AKGL | 37.39 | -4.06 (-9.79%) | 567 |
| ASLPS | 12.20 | -1.30 (-9.63%) | 550 |
| BELA | 157.76 | -16.24 (-9.33%) | 432 |
Conclusion and Prediction
The KSE-100 Index continued its downward trajectory on January 9, 2025, reflecting bearish sentiment and investor caution. While selective stocks posted gains, the broader market struggled with persistent sectoral weaknesses, particularly in energy and manufacturing. Increased volumes compared to January 8 indicate some recovery in market participation, but sentiment remains fragile.
For the next trading day, January 10, 2025, the market may experience limited recovery, driven by bargain hunting in oversold stocks. However, global and domestic economic uncertainties could cap potential gains.
FAQs:
The decline was driven by sectoral weaknesses, profit-taking, and negative sentiment in key sectors.
NEXT led the advancers with a gain of 10.54%, closing at PKR 10.49.
Both days witnessed declines, but January 9 saw a slightly smaller percentage drop and increased trading volumes.
The negative YTD change reflects declining market sentiment and reduced investor confidence in early 2025.
The energy, manufacturing, and services sectors faced the most pressure, as seen in the top decliners.
Disclaimer
The information provided in this analysis is for educational and informational purposes only. It does not constitute financial advice or a recommendation to buy or sell securities. Investors should conduct their own research or consult with a licensed financial advisor before making any investment decisions. Market conditions are subject to change, and past performance is not indicative of future results.
