PSX closes at a historic high amid strong institutional inflows

KARACHI: The Pakistan Stock Exchange (PSX) surged to a record high on Thursday, with the benchmark KSE-100 Index closing at 145,647 points – its highest ever – on the back of robust institutional inflows and renewed investor confidence, buoyed by strong macroeconomic cues.

The index climbed as much as 993 points intraday before paring some gains to close with a net increase of 559 points. This marks the fifth consecutive session of record-setting gains at the bourse.

According to analysts, the bullish momentum from previous sessions carried through, underpinned by strong institutional inflows – particularly from local mutual funds, as highlighted by NCCPL data.

Topline Market Review (Aug 07, 2025):

KSE-100 Index Closes at Historic High of 145,647 Points

The bullish momentum from previous sessions carried through, underpinned by strong institutional inflows—particularly from local mutual funds, as highlighted by NCCPL data. This… pic.twitter.com/3DQHdQsOLX

— Topline Securities Ltd (@toplinesec) August 7, 2025

Topline Securities reported that this sustained optimism propelled the benchmark KSE-100 Index to an intraday surge of 993 points, before closing at an all-time high of 145,647, marking a net gain of 559 points.

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The rally was largely fuelled by index-heavyweights including Pakistan Petroleum Limited (PPL), Habib Bank Limited (HBL), Engro Fertilizers (EFERT), Systems Limited (SYS), and Oil and Gas Development Company (OGDC) collectively contributed 738 points to the index, Topline Securities said.

Investor sentiment was further buoyed by the latest trade figures, which showed a 17 per cent year-on-year surge in exports for July 2025.

From Trading Floor: 07-Aug-2025 #KSE100 #PSX #Equities #Pakistan pic.twitter.com/mH10zmQJvQ

— Arif Habib Limited (@ArifHabibLtd) August 7, 2025

“Rupee stability, surging global crude oil prices, surging global equities and expected positive outcome of favorable US Pak tariff deal played catalyst role in bullish close at PSX,” said Ahsan Mehanti, CEO at Arif Habib Commodities.

Pearl Securities noted that the index hit an intraday high of 146,081.03 before settling slightly lower.

It added that the rally was broad-based, with notable interest in the Oil & Gas Exploration, Technology & Communication, and Commercial Banking sectors.

Market activity remained strong, with total trading volumes reaching 711 million shares and a traded value of Rs55.6 billion. PPL led the volumes chart, with 33 million shares changing hands.

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Analysts believe the ongoing rally reflects investor confidence in improving economic fundamentals and expectations of continued policy support from both fiscal and monetary authorities.