Business

Stock Market Performance 13-Jan-2025: PSX Top Gainers, Decliners & Key Insights

Stock Market Performance 13-Jan-2025: PSX Top Gainers, Decliners & Key Insights

Stock Market Performance 13-Jan-2025: The Pakistan Stock Exchange (PSX) continued its bullish momentum on January 13, 2025, with the KSE-100 Index climbing by 982.77 points (+0.87%) to close at 114,230.06. This robust performance signals increased investor confidence following a steady recovery in recent trading sessions. The index recorded an intraday high of 114,496.08 and a low of 113,083.86, showcasing relatively stable trading activity.

Despite the optimism, trading volume was slightly subdued at 196.37 million shares compared to January 10, when it stood at 216.14 million shares. The Year-to-Date (YTD) change narrowed to -0.59%, reflecting an improving trend, while the 1-Year change surged to an impressive 77.11%. This performance was led by gains in multiple sectors, particularly energy and financials, which propelled the index to new highs.

KSE-100 Index Performance

MetricValue
Closing Index114,230.06
Change+982.77 (+0.87%)
High114,496.08
Low113,083.86
Volume198,488,649
1-Year Change+77.11%
YTD Change-0.59%
Previous Close113,247.29
Day Range113,083.86 – 114,496.08
52-Week Range59,191.86 – 118,735.10

Top Active Stocks

Active stocks reflected mixed sentiments, with key players like WTL and CNERGY leading in terms of trading volume. WTL experienced a modest gain of 1.71%, closing at PKR 1.78 with a volume of 69.33 million shares. Meanwhile, CNERGY surged by 4.49%, ending the session at PKR 6.98. Investors also showed strong interest in SSGC, which posted a remarkable 9.99% gain, closing at PKR 43.92.

Check out the next day performance: 14-Jan-2025

Despite the broader positive trend, the overall volume of active stocks showed a slight decrease from January 10, indicating cautious optimism among traders. Stocks like FFL and KEL continued to attract attention, with modest price increases supported by stable trading volumes.

SYMBOLPRICECHANGEVOLUME
WTL1.78+0.03 (1.71%)69,335,782
CNERGY6.98+0.30 (4.49%)39,548,479
SSGC43.92+3.99 (9.99%)31,855,613
FFL17.69+0.60 (3.51%)22,956,092
KEL4.93+0.16 (3.35%)17,627,650

Top Advancers: Stock Market Performance 13-Jan-2025

The top advancers were led by FCIBL, which soared by 15.15% to close at PKR 7.60, albeit with a lower trading volume of 1,895 shares. GUSM and OBOY also displayed double-digit gains of 11.63% each, signaling strong buying interest. POWERPS advanced by 10.05%, closing at PKR 11.17, while DWAE followed closely with a gain of 10.01%.

These performances were driven by investor sentiment in undervalued stocks, reflecting optimism for future growth. The gains in these stocks highlighted renewed interest in mid-cap and small-cap segments.

SYMBOLPRICECHANGEVOLUME
FCIBL7.60+1.00 (15.15%)1,895
GUSM9.60+1.00 (11.63%)69,550
OBOY9.60+1.00 (11.63%)445,342
POWERPS11.17+1.02 (10.05%)100
DWAE42.09+3.83 (10.01%)28,454

Top Decliners: Stock Market Performance 13-Jan-2025

On the decliners’ side, ENGROH witnessed a sharp fall of 10%, closing at PKR 223.34 with a significant volume of 7.18 million shares. JSML and SUHJ also faced heavy selling pressure, dropping by 10% each. AATM and JSIL rounded out the top decliners, losing 9.16% and 8.54%, respectively.

The decline in these stocks reflects profit-taking and sector-specific challenges, particularly in manufacturing and industrial segments.

SYMBOLPRICECHANGEVOLUME
ENGROH223.34-24.82 (-10.00%)7,184,001
JSML18.45-2.05 (-10.00%)200,032
SUHJ114.04-12.67 (-10.00%)1,774
AATM58.00-5.85 (-9.16%)22,543
JSIL21.31-1.99 (-8.54%)11,000

Comparison with January 10, 2025

Compared to January 10, the KSE-100 Index recorded a significant improvement, with a 1,199.71-point gain versus the 609-point increase on the earlier date. While January 10 had higher trading volumes at 216.14 million shares, January 13’s trading volumes were slightly lower at 196.37 million shares. The market’s overall trend remained positive, with gains led by key sectors such as energy and financials.

Check out the previous week performance of PSX

Market Wrap by JS Global: 13 Jan 2025

Market Wrap by K-Trade: 13-Jan-2025

Conclusion and Strategy for Next Day

The strong recovery on January 13 demonstrates growing investor confidence in the market’s resilience. With the KSE-100 Index nearing its 52-week high, further upside potential remains if macroeconomic indicators and corporate earnings align positively. However, sectoral volatility could persist, necessitating a cautious approach.

For January 14, investors are advised to monitor developments in key sectors like energy and financials while focusing on fundamentally strong stocks. Diversifying portfolios and leveraging technical indicators can help navigate the market effectively.

FAQs: Stock Market Performance 13-Jan-2025

What led to the sharp rise in the KSE-100 Index on January 13?

Renewed investor confidence, driven by gains in energy and financial sectors, contributed to the strong performance.

Which stock gained the most on January 13?

FCIBL posted the highest gain of 15.15%, closing at PKR 7.60.

How does January 13’s performance compare to January 10?

The index saw a larger increase of 1,199.71 points on January 13 compared to 609 points on January 10, though trading volumes were slightly lower.

What are the key challenges for the market?

Sectoral volatility and macroeconomic uncertainties remain the primary challenges for sustained growth.

What is the outlook for January 14?

A cautious upward trend is expected, with potential gains in undervalued and fundamentally strong stocks.

To Top