KSE-100 Index Climbs 782 Points in Intra-Day Trading
The Pakistan Stock Exchange (PSX) reached a new all-time high on Tuesday as investor sentiment surged ahead of the 2025–26 federal budget. The benchmark KSE-100 index jumped by 782.56 points during intra-day trading, reaching 122,423.56—a gain of 0.64%.
Trading resumed after the Eidul Azha holidays with strong upward momentum, continuing the market’s recent bullish trend. The rally was fueled by optimism following the release of the Pakistan Economic Survey 2024–25 on Monday.
During the session, the index briefly touched a peak of 122,611.53 before settling at 122,423.56 points.
Market activity remained robust, with 144 million shares traded, valued at Rs 7.78 billion. The previous close was 121,641.00 points.
The PSX had already been on an upward trajectory, closing last week with a record high of 121,798 points on June 4, before ending the week slightly lower at 121,641—still marking a weekly gain of 1,950 points or 1.63%.
Read More: PSX Makes History on Strong Economic Indicators
Several positive developments have driven the market rally. These include successful budget negotiations with the IMF, the Asian Development Bank’s approval of an $800 million financing package, and the finalisation of a Rs 1.275 trillion circular debt resolution plan with banks.
Macroeconomic indicators further boosted confidence, with petroleum sales rising 10% year-on-year, inflation (CPI) easing to 3.5%, and the trade deficit shrinking 23% month-on-month.
However, the State Bank’s foreign reserves dipped slightly, down $7 million to $11.5 billion.
Gains were led by commercial banks, power generation companies, fertiliser producers, and food sector stocks.
Meanwhile, foreign investors sold shares worth $14.7 million during the week—an increase compared to previous periods.
