Pakistan Stock Exchange  situation today on 12 APR 2025

I’m assuming you meant “PSX” as the Pakistan Stock Exchange, given the context of your recent queries about financial markets (crypto, gold, oil). However, “PSX” could also refer to Phillips 66 (PSX), a U.S. energy stock, or even the PlayStation market, so I’ll focus on the Pakistan Stock Exchange and briefly address alternatives if relevant. Since it’s Sunday, April 13, 2025, the PSX is closed, as it operates Monday to Friday. Below, I’ll provide an overview of the PSX’s recent performance (based on the latest trading day, Friday, April 11) and its likely sentiment today, with comparisons to crypto, gold, and oil markets for context.

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Pakistan Stock Exchange (PSX) Market Today

• Market Status: The PSX is closed today, Sunday, April 13, 2025, per its regular schedule (Monday-Thursday: 9:32 AM–3:30 PM PKT; Friday: 9:17 AM–12:00 PM, 2:32 PM–4:30 PM). Thus, no live trading data is available for today.
• Recent Performance (Friday, April 11, 2025):
  • KSE-100 Index: Closed at 114,153.15 points, down 1,379 points (1.19%) from Thursday’s close of 115,532.43.
  • Intraday Movement: The index plunged over 2,600 points early, hitting 112,900.28 by 10:51 AM, before recovering some losses. Heavy selling hit sectors like automobiles, banking, cement, chemicals, oil and gas (e.g., MARI, POL, PPL, PSO), power, and refineries.
  • Trading Volume: Specific volume for April 11 isn’t fully detailed, but Thursday saw 530,694,779 shares traded, down from 710,788,421 the prior day, with a value of Rs33.676 billion.
  • Top Movers: Cnergyico PK (121.66M shares, Rs8.40), Bank Al-Falah (32.6M shares, Rs75.30), and K-Electric (19M shares, Rs4.28) led trading on Thursday, indicating energy and banking focus. Friday likely saw similar trends given sector losses.
• Sentiment Today:
  • With markets closed, sentiment is shaped by Friday’s bearish close and global cues. X posts reflect ongoing investor anxiety after a volatile week, with some citing a “bloodbath” from tariff fears (e.g., a 6,000-point drop earlier in the week).
  • Optimism lingers for a rebound, as Thursday’s 1,372-point gain to 116,281 points showed resilience post-slump, driven by global market recoveries and local events like the Mineral Forum boosting confidence.
  • Today’s lack of trading likely keeps investors cautious, awaiting Monday’s open for clarity on U.S.-China tariff developments.
• Key Drivers (Recent and Ongoing):
  • U.S.-China Trade Tensions:
    • Trump’s tariffs (145% on China, China’s 125% retaliation) triggered global sell-offs, hitting PSX hard. A 90-day tariff pause for some countries (not China) sparked Thursday’s rally, but Friday’s losses suggest renewed fears.
    • PSX, despite no direct tariff exposure, correlates with global risk-off moves, as seen in X posts noting a 2.8% drop despite Pakistan’s insulation.
  • Oil Prices:
    • Falling oil prices (Brent ~$64.50, WTI ~$61.00, both near four-year lows) hurt PSX’s energy heavyweights (e.g., PPL, PSO, OGDC), which dragged the index on Friday.
    • Pakistan’s dollar-denominated energy firms face mixed impacts: low oil prices cut revenues, but a weaker dollar (index at 2022 lows) aids rupee stability.
  • Local Factors:
    • The Mineral Forum and foreign delegate visits boosted sentiment mid-week, supporting Thursday’s recovery.
    • Declining interest rates (post-2024 cuts) are expected to shift funds from T-bills to equities, potentially lifting PSX in 2025, per analysts.
    • Rupee devaluation and low foreign investment (due to geopolitical risks) cap gains, with PSX still 50% below its 2017 dollar-term peak.
  • Global Markets:
    • U.S. indices (S&P 500 +1.81%, Nasdaq +2.06% on Friday) rebounded after tariff pause news, but volatility persists.
    • PSX mirrors emerging market sensitivity to U.S. policy, with Friday’s losses aligning with renewed tariff concerns.
• Technical Outlook (Based on Recent Data):
  • The KSE-100’s support is at 112,000-113,000, tested Friday, with resistance at 116,000-117,000 (hit Thursday). A break below 112,000 could target 110,000, while reclaiming 115,000 signals recovery.
  • X posts note bullish momentum if the index holds trendline support (~112,000), but bearish pressure dominates short-term.
  • 2025 forecasts remain optimistic, with Topline Securities targeting 151,000 points (+38%), assuming no political upheaval.

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Comparison to Other Markets Today

Since you’ve asked about crypto, gold, and oil, here’s how PSX’s recent performance (and likely sentiment today) compares:

• Cryptocurrency Market:
  • Today: BTC ($84,505, +1.6%), ETH ($1,604, +2.72%), BNB (~$591.67, +1.1%) are up, with a $2.79T market cap. Crypto is consolidating in a low-volume Sunday, less tied to tariffs than PSX.
  • Comparison: PSX’s Friday drop (-1.19%) contrasts crypto’s resilience, as BTC/ETH benefit from ETF inflows and regulatory tailwinds (e.g., IRS rule repeal). Crypto’s speculative nature dodges PSX’s energy sector pain, but both face global risk sentiment.
  • Sentiment: Crypto is cautiously bullish today, while PSX sentiment is bearish post-Friday, awaiting tariff clarity.
• Gold Market:
  • Today: Gold (~$3,237.65, +0.5%) is near its high ($3,245.34), up 6% weekly, thriving as a safe-haven amid tariff fears.
  • Comparison: Gold outperforms PSX’s Friday loss, as investors flee equities (including PSX’s KSE-100) for gold’s stability. PSX’s exposure to cyclical sectors (e.g., oil, banking) hurts it versus gold’s dollar-driven rally.
  • Sentiment: Gold’s bullishness today contrasts with PSX’s pause, as gold ignores local risks (e.g., rupee issues) plaguing Pakistan’s market.
• Oil Market:
  • Today: Brent ($64.50, +0.4%), WTI ($61.00, +0.5%) are near four-year lows, hurt by tariff-led demand fears and OPEC+ supply hikes.
  • Comparison: PSX’s Friday slump aligns closely with oil’s weakness, as energy stocks (PPL, PSO) dragged the KSE-100. Both markets suffer from global recession fears, unlike crypto or gold’s divergence.
  • Sentiment: Oil and PSX share bearish sentiment today, tied to trade war impacts, with PSX more vulnerable due to local energy reliance.

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Outlook for PSX Today and Tomorrow

• Today (Sunday):
  • No trading occurs, so the KSE-100 remains at 114,153.15. Sentiment is likely neutral-to-bearish, reflecting Friday’s losses and global uncertainty.
  • Investors are monitoring U.S.-China tariff news (e.g., Trump’s comments, China’s response) and oil prices, which could set Monday’s tone. X posts suggest lingering panic but hope for a bounce if global markets stabilize.
• Tomorrow (Monday, April 14):
  • Likely Behavior: The PSX may open flat or lower, testing 113,000-114,000, as tariff fears persist. A global rally (e.g., S&P 500 extending Friday’s +1.81%) or positive local news could lift it toward 115,000-116,000.
  • Bullish Triggers: Tariff pause expansion, oil stabilizing above $65, or strong energy stock buying (e.g., PSO) could spark a rebound, as seen Thursday (+1,372 points).
  • Bearish Risks: New tariff hikes or oil dropping below $60 could push the KSE-100 toward 110,000, with X posts warning of a “free fall” below 112,000.
  • Volume: Monday’s higher liquidity (vs. Friday’s close) may amplify moves, especially in banks (MCB, UBL) and energy (OGDC, PPL).
• What to Watch:
  • Global Cues: U.S. futures, Asian opens (e.g., Hang Seng), and Trump’s social media for tariff hints.
  • Local News: Energy sector updates (e.g., oil-linked stocks) or rupee moves (PKR ~278/USD).
  • X Sentiment: Posts like “bullish momentum” vs. “bloodbath” will gauge retail mood.

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Clarification on “PSX”

• Pakistan Stock Exchange (Assumed):
  • The KSE-100’s recent volatility mirrors global markets, with tariffs and oil as key drivers. Its 2024 performance (+78% USD returns) and 2025 target (151,000) suggest long-term potential, but short-term risks dominate today’s closed session.
• Phillips 66 (PSX):
  • If you meant the U.S. stock, Phillips 66 closed at ~$105.50 on Friday, April 11 (down ~2% weekly), hit by falling oil prices. It’s tied to refining and tracks WTI/Brent, aligning with PSX’s energy sector pain.
  • Today, it’s also closed (U.S. markets shut Sundays), with sentiment bearish due to oil’s $60-$64 range.
• PlayStation Market:
  • If you meant PlayStation (PSX as a typo), it’s not a traded market like stocks but a gaming industry segment valued at ~$34.12B in 2025, growing 4.72% CAGR. It’s irrelevant to daily trading but stable vs. PSX’s swings.

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Critical Perspective

The narrative blames tariffs for PSX’s woes, but this feels overstated. Pakistan’s market was already jittery—rupee devaluation, low foreign inflows, and energy reliance made it fragile before Trump’s trade war. Friday’s 1,379-point drop tracks oil’s slump (PPL, PSO tanked), not just global panic. Crypto and gold sidestep this; BTC’s ETF flows and gold’s central bank buys are structural, while PSX leans on cyclical bets. X posts hype “bullish rebounds” or “crashes,” but the KSE-100’s 112,000 support looks shaky if oil stays under $65. Long-term, PSX’s cheap valuations (P/E below emerging peers) scream upside, but Monday could sting without a tariff truce. Dig past the noise—energy stocks are the real anchor here.

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Summary: The PSX is closed today, April 13, 2025, with the KSE-100 last at 114,153.15 (down 1.19% Friday). Tariff fears and oil’s four-year lows ($64.50 Brent) drove losses in energy and banking, contrasting crypto’s gains (BTC +1.6%, $84,505) and gold’s strength ($3,237.65, +0.5%). Sentiment is bearish but hopeful for a Monday bounce if tariffs ease. Expect 113,000-116,000 tomorrow, with oil and global cues key. If you meant Phillips 66 or PlayStation, let me know!

Note: Markets are volatile, and this is not financial advice. Research thoroughly before investing. Sources include web data and X sentiment for context.