KSE-100 sets a new high amid improved liquidity

KARACHI: It seems the record-breaking streak being witnessed in the Pakistan Stock Exchange won’t stop soon, as the benchmark KSE-100 Index reached another all-time high on Friday, both during intraday trading and at closing.

Analysts cited improved liquidity and sustained investors’ interest reflecting strong market confidence as the reason behind the current sustained trend.

By the time trading was closed, the KSE-100 Index gained 1,262.41 points, or 0.97 per cent, to end the week at 131,949 level.

Topline Securities attributed this positivity in the market to institutional buying on new allocation towards equity funds as indicated by the National Clearing Company data.

Investor confidence was buoyed by improved liquidity, as the country’s total liquid foreign exchange reserves rose to $18.01bn, Al Habib Capital stated.

Meanwhile, additional support came from the prime minister’s directive to double national digital payment targets and the World Bank’s reaffirmation of financial backing for the Tarbela Hydropower Project Extension-5 in collaboration with WAPDA, Al Habib Capital added.

“Falling government bond yields, investor speculations ahead of major earning announcements due next week also played a catalyst role in record close at PSX,” Ahsan Mehanti CEO at Arif Habib Commodities said.

Top positive contributions to the index came from UBL, HBL, SYS, BAHL, MCB, NBP and MEBL, as they cumulatively contributed 1,289 points to the index.

In another development, SAZEW reported its sales for the month of June 2025, where sale of its 4-wheeler stood at 1,349 units (up by 47 per cent month-on-month and over twofold increase on year-on-year), taking FY25 sales to 10,844 units.

On the other hand, TRG (Rs1.22bn), UBL (Rs1.21bn), PSO (Rs1.09bn), NBP (Rs1.07bn) and SAZEW (Rs1.05bn) dominated the trading activity.

Traded volume and value for the day stood at 731mn shares and Rs34.9bn respectively.