The Pakistan Stock Exchange (PSX) sustained its bullish momentum on Monday, with the benchmark KSE-100 Index surging past the 133,000 milestone during intraday trading. The index climbed 1,187.99 points, or 0.9%, to reach 133,137.05, recording an intraday high of 133,156.63 and a low of 132,467.12.
Trading activity remained robust, with over 41 million shares exchanged and a total traded value of approximately Rs 3.39 billion.
This latest advance builds on last week’s historic start to FY26, when the index touched a then-record high of 131,949.06 points.
According to market analysts, the rally is being fuelled by rising investor confidence amid policy clarity expectations, easing inflation, and strengthening macroeconomic indicators.
In the week ending July 4, the index recorded a remarkable 7,570-point increase, or 6.1% gain, marking one of the strongest weekly performances in recent years. The momentum carried over from a stellar FY25, during which the PSX delivered an annual return of 60%, making it the best-performing stock market in the region.
According to a weekly report by Arif Habib Limited (AHL), the KSE-100 rose from 125,627.31 to 131,949.06 during that week, supported by improving economic fundamentals. The Consumer Price Index (CPI) for June 2025 dropped to 3.2%, down from 3.5% in May, as per data from the Pakistan Bureau of Statistics (PBS). The full-year FY25 inflation averaged 4.5%, a sharp decline from 23.4% in FY24.
Market strategist Syed Danyal Hussain of JS Global noted that the KSE-100’s continued upward trajectory reflects improving investor sentiment and confidence in Pakistan’s economic recovery. The week-on-week rally was also supported by a 31% jump in average daily turnover, further underscoring renewed market participation.
With inflation easing, electricity tariffs stabilizing, and both local and foreign inflows picking up, analysts expect the PSX to maintain its positive trajectory in the near term.
