FLASHNEWS:

Stock Market Rallies as KSE100 Index Hits Record High

Karachi: The Pakistan Stock Exchange witnessed a significant rally on Monday as the KSE100 index soared to an all-time high of 146,929.84 points, reflecting a robust day of trading. The index marked a substantial increase of 1,547.04 points, or 1.06%, from the previous session, showcasing strong investor confidence.

The KSE30 index also experienced an upswing, rising by 489.97 points to close at 45,104.03 points, achieving a year-to-date increase of 24.66% in Calendar Year 2025 and 18.22% in Fiscal Year 2026. The market capitalization of the Pakistan Stock Exchange reached Rs 17,529.52 billion, equivalent to $62.06 billion, indicating a 1.08% rise in market value.

Notable gainers included National Refinery Limited (NRL), which saw its stock price surge by 10%, closing at Rs 265.61. Thal Limited (THALL) mirrored this performance, also rising by 10% to finish at Rs 500.78. Pakistan GasPort Limited (PGLC) followed closely with a 9.78% increase, closing at Rs 21.89.

Conversely, some stocks faced setbacks. Bank of Punjab (BNWM) recorded a 4.29% decline, while Pakistan Services Limited (PSEL) fell by 3.60%. Unilever Pakistan Foods Limited (UPFL) also saw a decrease of 2.75%.

The overall trading volume for the day reached 611.21 million shares, with a total value of Rs 44 billion, equivalent to $155.80 million. This activity underscores a significant day for the stock market, with substantial investor participation.

Regional markets also showed varied performances. South Korea's KOSPI saw a slight decline of 0.1%, while Indonesia's JKSE rose by 1.0%. Meanwhile, the Indian BSESN index increased by 0.9%, reflecting a positive trend in the region's stock exchanges.

The rally in the Pakistan Stock Exchange demonstrates an optimistic outlook among investors, driven by various market dynamics and economic indicators. As the KSE100 index continues to advance, market participants remain attentive to potential opportunities and challenges in the financial landscape.