Pakistan Stock Exchange (PSX) crosses 168,000 Milestone!
PSX kicked off Dec’25 on a strong note, with the KSE-100 Index closing at 168,062, up 1,385 points or 0.83%.
“The market continued last week’s bullish momentum as investors further strengthened their equity positions,” said Ali Najib, Deputy Head of Trading at Arif Habib Ltd. Energy stocks led the rally amid expectations of a potential circular debt–related payment this week. As a result, HUBC, OGDC and MARI witnessed renewed buying interest, collectively contributing 448 points.
Meanwhile, LUCK gained traction after announcing that its joint venture with the Rawji Group—Nyumba Ya Akiba, will expand cement production capacity in Congo from 1.31 million tons to 2.91 million tons annually. The stock advanced by Rs 7.11 (+1.55%) and added 106 points to the index.
On the macro front, CPI eased to 6.1% in Nov’25 from 6.2% in Oct’25, mainly due to a decline in perishable food prices as supply chains normalized following earlier flood-related disruptions.
Market activity remained strong, with 733.66 million shares traded and a turnover of Rs 46.1 billion. FNEL led the volumes with 70 million shares.
Outlook:
Looking ahead, the index is expected to extend its bullish trend in the next session and could challenge new all-time highs in the upcoming week, supported by strong momentum. However, on the downside, the 164-165k zone is likely to serve as the first key support zone.