The Pakistan Stock Exchange (PSX) kicked off the new month with a powerful bullish run on Monday, December 1, 2025, driven by strong investor interest across key sectors.
The benchmark KSE-100 Index surged by 1,384.50 points, or a significant 0.83%, to close the day at 168,062.19 points. The broad-based momentum was reflected across the board, with the All-Share Index and the KMI-30 (Islamic) also posting solid gains.
| Index | Closing Value | Change (Points) | Change (%) |
|---|---|---|---|
| KSE-100 | 168,062.19 | 1,384.50 | 0.83% |
| KMI-30 (Islamic) | 241,745.47 | 2,429.55 | 1.02% |
Market activity remained vigorous, with a ready-market trading volume of over 735 million shares and a corresponding value of approximately PKR 46.18 billion.
Sectoral Strength & Top Movers
The positive close was supported primarily by the Oil & Gas Exploration, Power Generation, and Cement sectors.
- Top Gainers: PIA Holding Company Limited-B led the day’s gainers, increasing by PKR 379.00, followed by Hoechst Pakistan Limited.
- Top Losers: Unilever Pakistan Foods Limited and Shield Corporation Limited saw the steepest declines, dropping by PKR 103.50 and PKR 35.38, respectively.
Ghani Dairies Files for 104M-Share IPO
In a significant corporate development, Ghani Dairies Limited formally applied for listing on the PSX Main Board and placed its Draft Prospectus for public comments. The company plans an Initial Public Offering (IPO) of 104.2 million ordinary shares, representing 24.28% of its post-IPO equity.
The IPO, which uses the book-building method at a floor price of PKR 24 per share, aims to secure capital for working needs, infrastructure improvements, and expansion, including the construction of new milking sheds and a modern milking parlor. Public feedback on the prospectus is being sought until Monday, December 8, 2025.
Economic Update: Current Account Deficit Widens
Recent economic data continued to be a focal point for investors. According to the State Bank of Pakistan (SBP), the country’s Current Account Deficit (CAD) for the first four months of the fiscal year 2026 (4MFY26) widened sharply to $733 million, up from $206 million in the same period last year.
The widening CAD was attributed to rising imports and lacklustre export performance. For October 2025 alone, the country posted a CAD of $112 million, reversing the $83 million surplus recorded in September.

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