Pakistan Stock Exchange Hits New Record High, KSE-100 Index Closes at 130,686 Points
The KSE-100 index fluctuated within a band of 1,548 points during the day, reflecting active market participation and volatility.
The Pakistan Stock Exchange (PSX) on Thursday sustained its bullish streak today, with the KSE-100 Index closing at a historic peak of 130,686 points, marking a continuation of the strong upward trend since the start of the new fiscal year.
The index opened positively and surged to an intraday high of 131,325 points, adding over 600 points early in the session. Despite some profit-taking by investors that temporarily pulled the index down by 910 points, it rebounded to close with a net gain of 342 points.
Trading volume was robust, with 890 million shares exchanged at a value of Rs43 billion, while the market capitalisation increased by Rs54 billion to reach Rs15.767 trillion.
The KSE-100 index fluctuated within a band of 1,548 points during the day, reflecting active market participation and volatility.
This rally is driven by improving macroeconomic indicators, including easing inflation, a stable Pakistani rupee, and expectations of further monetary easing by the central bank.
Analysts also highlight the anticipation of additional policy rate cuts, which have bolstered investor confidence and liquidity in the market.
The sustained momentum follows yesterday’s record-breaking close above the 130,000-point mark, underscoring strong domestic and foreign investor interest, particularly from institutional players across key sectors such as oil and gas, power generation, and financial services.
Overall, the PSX’s performance reflects growing optimism about Pakistan’s economic outlook for FY25, with expectations of a current account surplus and continued monetary policy support fueling the market’s historic highs.
