Service Industries (PSX: SRVI) Reports Financial Results for Year Ending December 2024. The company announced a profit after tax of Rs. 324 million (Earnings Per Share of Rs. 6.9), representing a significant decline of 76% compared to the previous year. 

Pak Electron (PAEL) announced its annual financial results for year ending Dec 2024. It posted a EPS of Rs 2.72 (last Year Rs 1.5). No cash payout. Price closed at Rs 45.9. Last week the price had gained 13%.

 A Snapshot of Exchange Traded Funds at PSX

Today, the KSE100 Index closed at 116,440, losing 2,003 points (-1.7%) after reaching an all-time high last week. The market faced pressure amid rollover week and upcoming Eid holidays next week.

Systems Ltd. Annual Results, announces Stock Split

Systems Limited (PSX:SYS) reported its financial results for the year ending December 2024.

KSE100 Index Technical Outlook

The KSE-100 Index has surged out of its consolidation phase, closing at 118,442 with a robust gain of 2,906 points (+2.52%). This breakout has propelled the index beyond its previous trading range, as it now tests higher resistance levels. Trading activity also saw a significant uptick, with volumes rising to 1,250 million shares, reflecting renewed investor confidence. The index continues to hold firmly above its 10-week EMA (113,678), underscoring the prevailing bullish momentum.

PSX SnapShot Week Ending 21Mar2025

A Bullish Week for Pakistan Stock Exchange (PSX)

The KSE-100 Index rose by 2.5% this week, gaining slightly over 2,900 points and reaching an all-time intraday high of over 119,000.

The sentiment boosters this week included the successful completion of negotiations with the IMF, news and rumors about a potential methodology to address the circular debt issue in the power sector, and the IMF's nof for the proposed plan.

Brent Crude Tops $72 as U.S. Sanctions and OPEC+ Cuts Fuel Supply Concerns

Brent crude futures climbed above $72 per barrel on Friday, on track for their strongest week since early January. Supply concerns were driven by new U.S. sanctions on Iran and OPEC+ plans for output cuts. On Thursday, the U.S. Treasury imposed fresh Iran-related sanctions, including its first targeting of a Chinese refiner. This marked the fourth round since February when President Trump pledged to reimpose "maximum pressure" to curb Iran’s oil exports to zero.

IGI Life Insurance: Annual Financial Results Dec 2024

IGI Life Insurance Limited (PSX: IGIL) has announced its financial results for the year ended December 31, 2024. The company reported a profit after tax of Rs 279 million, a significant decline compared to Rs 142.7 million in the previous year.