Pakistan Stock Exchange hits all-time high

KARACHI: The Pakistan Stock Exchange benchmark KSE-100 index soared to an intraday high of 2,542 points before closing at a new all-time high of 136,503 — marking a remarkable gain of 2,203 points or 1.64 per cent, analysts said.

Topline Securities noted that the rally was driven by strong participation from local mutual funds and institutional investors.

Investor sentiment remained upbeat as participants positioned themselves ahead of upcoming corporate earnings announcements, according to Ismail Iqbal Securities.

Commercial banks, fertiliser, and power generation and distribution sectors were the major contributors to the rally, collectively adding 1,932 points to the index.

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Banking sector heavyweights — including UBL, HBL, FFC, BAHL, and MCB — provided significant momentum, jointly contributing 1,443 points to the benchmark index.

Overall market activity remained vibrant, with trading volumes exceeding 838 million shares and the total traded value rising to Rs37 billion. CSIL led the volume chart with 47 million shares traded.

In the previous session on Friday, the Pakistan Stock Exchange had also closed at a record high, gaining 517 points or 0.39 per cent to settle at 134,299.76.

PM says PSX surge shows traders’ confidence in economy

Meanwhile, Prime Minister Shehbaz Sharif has expressed profound delight as the PSX benchmark KSE-100 index crossed the historic 136,503-point level.

The prime minister stated that this significant achievement by the PSX is a clear reflection of the business community’s growing confidence in Pakistan’s economy.

In a statement, Prime Minister Sharif emphasised that the recent positive economic indicators “are a testament to his government’s policies moving in the right direction.”

He reiterated that providing a business-friendly environment remains the government’s top priority.

“The country has moved from economic stability towards the path of economic growth,” Prime Minister Sharif said, adding that the government “is working tirelessly for national development and public welfare.”

“This positive outlook follows a period of concerted efforts to stabilise the economy and implement structural reforms, which appear to be gaining traction and restoring investor trust,” he said.