KSE-100 Index Sets New Record High as PSX Extends Bullish Run

KSE-100 Index continued its remarkable upward trajectory on Thursday, closing at 176,355.49 points, marking a robust gain of 2,301.17 points or 1.32%. The Pakistan Stock Exchange (PSX) witnessed strong investor participation, pushing the benchmark index to a historic intra-day high of 176,658.38 points, reflecting renewed confidence in Pakistan’s equity market.

The positive sentiment remained intact throughout the session, with the index trading firmly in the green and touching a session low of 174,437.70 points, still significantly above the previous close.

KSE-100 Index Performance Highlights

The KSE-100 Index recorded an impressive total traded volume of 799.09 million shares, underlining heightened activity and strong liquidity. Market breadth remained decisively positive, as 77 out of 100 index constituents closed higher, while 23 stocks ended in the red, and none remained unchanged.

This widespread buying interest highlights sustained optimism among institutional and retail investors alike.

Top Gainers and Losers in the KSE-100 Index

Among the best-performing stocks, SSOM led the gainers with a 10% jump, followed by K-Electric (KEL), which surged 9.11% amid heavy volumes. PIBTL, TGL, and SEARL also posted strong gains, reflecting sector-wide buying interest.

On the downside, selling pressure was limited. PGLC, PTC, SRVI, PKGP, and IBFL emerged as the top laggards, each declining modestly by less than 2%, indicating controlled profit-taking rather than broad-based selling.

Index Point Contribution: Who Drove the Rally?

The rally in the KSE-100 Index was primarily driven by heavyweight stocks. United Bank Limited (UBL) emerged as the biggest contributor, adding over 552 points to the index. Other key contributors included OGDC, ENGRO Holdings, HBL, and Meezan Bank, collectively reinforcing the index’s upward momentum.

Conversely, limited drag came from SYS, DG Khan Cement, SRVI, PTC, and TRG, though their combined negative impact remained marginal compared to the strong upside contributions.

Sector-Wise Analysis: KSE-100 Index Gains Broad Support

Sectoral performance remained largely positive, with Commercial Banks leading the rally by contributing over 1,200 points to the KSE-100 Index. The Oil & Gas Exploration, Pharmaceuticals, Investment Banks, and Cement sectors also played a significant role in sustaining the market’s bullish tone.

Meanwhile, mild weakness was observed in Technology & Communication, Leather & Tanneries, and REITs, though their impact on the overall index remained limited.

Broader Market Snapshot: All-Share Index Surges

The broader market mirrored the benchmark’s strength, as the All-Share Index closed at 106,095.07 points, gaining 1,480.56 points or 1.42%. Total market volume jumped to 1.40 billion shares, significantly higher than the previous session, while traded value climbed to Rs48.42 billion, reflecting increased investor participation.

A total of 459,009 trades were reported across 484 companies, with 336 stocks closing higher, reinforcing the market’s bullish undertone.

High-Volume Stocks Signal Strong Retail Interest

Trading activity was led by K-Electric (KEL), which topped the volume charts with over 372 million shares traded, followed by PIBTL, BOP, and WTL. The strong volumes in power, banking, and telecom stocks indicate growing retail and speculative interest in select sectors.

KSE-100 Index Outlook: A Strong Fiscal and Calendar Year Performance

The KSE-100 Index has now gained an impressive 50,728 points or 40.38% during the ongoing fiscal year, underscoring one of the strongest rallies in PSX history. On a calendar-year basis, the index is already up 2,301 points or 1.32%, signaling a positive start and strong momentum heading into upcoming sessions.