Top 5 Stock Market Movers Today write article
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On April 29, 2025, the Pakistan Stock Exchange (PSX) experienced a mixed trading session amid escalating geopolitical tensions between Pakistan and India. Despite the overall market volatility, several stocks stood out as top performers. Here are the top five stock market movers for the day:
1. Askari Bank Limited (AKBL)
- Price Change: +10.01%
- Sector: Banking
- Overview: AKBL led the market with a significant gain, reflecting investor confidence in the banking sector despite broader market uncertainties. Mettis Global Link
2. Pakistan Oil Mills Limited (POML)
- Price Change: +10.00%
- Sector: Consumer Goods
- Overview: POML’s stock surged, possibly due to increased demand in the consumer goods sector. Mettis Global Link
3. D.G. Khan Cement Company Limited (DGKC)
- Price Change: +7.53%
- Sector: Construction Materials
- Overview: DGKC saw a notable increase, indicating a positive outlook in the construction sector. CoinCentral+28Mettis Global Link+28Business News Today+28
4. Sui Northern Gas Pipelines Limited (SNGP)
- Price Change: +6.37%
- Sector: Utilities
- Overview: SNGP’s performance suggests investor interest in utility companies amid market fluctuations. The Financial Express+21Mettis Global Link+21The Economic Times+21
5. Engro Polymer & Chemicals Limited (ENGROH)
- Price Change: +6.08%
- Sector: Chemicals
- Overview: ENGROH’s stock appreciated, reflecting positive sentiment in the chemical manufacturing sector. Mettis Global Link
While these companies achieved significant gains, the overall market sentiment was cautious due to the geopolitical situation. Investors are advised to stay informed about regional developments that may impact market dynamics.