FLASHNEWS:

Pakistan Stock Exchange Surges as KSE100 Index Hits Record High

Karachi: The Pakistan Stock Exchange (PSX) experienced a notable upswing with the KSE100 index reaching a record high, closing at 119,961.91 points. This marked an increase of 1,425.38 points, or 1.20%, from the previous session, reflecting a significant boost in investor confidence.

The KSE30 index also witnessed an increase, closing at 36,773.01 points, with a gain of 479.29 points, or 1.32%. This positive trend was mirrored in the year-to-date figures for the fiscal year 2025, with the KSE100 index showing an impressive rise of 52.92%.

Among the top gainers on the KSE100 index were Pakistan Telecommunication Company Limited (PTC), which saw its stock price rise by 10.02%, and National Refinery Limited (NRL), with a 10.00% increase. Avanceon Limited (AVN) and Attock Refinery Limited (ATRL) also posted substantial gains of 8.62% and 8.29%, respectively.

Conversely, some companies experienced losses, with Pakistan Oilfields Limited (POML) and Packages Limited (PKGP) seeing declines of 5.82% and 5.30%, respectively. Despite these setbacks, the overall market capitalization of the PSX increased by 1.23%, reaching Rs 14,385.93 billion.

In terms of trading volume, the PSX witnessed a turnover of 698.97 million shares, with a total value of Rs 39.09 billion. This activity was led by Cnergyico PK Limited (CNERGY) and K-Electric Limited (KEL), which traded 47.57 million and 40.25 million shares, respectively.

The surge in the Pakistani stock market comes amid a mixed performance in regional markets. While India’s BSESN index rose by 1.5%, other regional indices such as South Korea’s KOSPI and Malaysia’s KLSE faced declines of 0.7%.

The current upward trend in the PSX highlights a growing optimism among investors and reflects broader economic sentiments, as the market continues to attract both domestic and international investment.