The Pakistan Stock Exchange (PSX) continued its record-breaking rally on Friday, with the benchmark KSE-100 index hitting a new all-time intra-day high. The index crossed the 140,000 mark for the first time ever, touching a high of 140,585.38 before settling at 138,791.87 — up by 126 points or 0.09% from the previous close.
This marks the third straight week of gains for the stock market, driven by strong investor interest. Trading remained active with 107 million shares exchanged and a daily trade value of Rs11.38 billion. Key sectors, including banking, energy, and cement, saw heavy activity.
The rally began earlier in the week, with the market opening strong on Monday. The KSE-100 index rose by 2,203 points, closing at 136,503 — the biggest daily gain of the week. According to Topline Securities and Arif Habib Limited, this sharp rise was due to strong participation from local mutual funds and institutional investors.
Positive news on the economic front has boosted investor confidence. These include reports of a new trade deal with the United States, a \$2 billion investment agreement with Azerbaijan, and discussions about Pakistan issuing Panda bonds. Additionally, the State Bank’s foreign exchange reserves climbed to a 39-month high of \$14.5 billion.
Another key factor has been the record-high remittances, which reached \$38.3 billion in FY25. A \$1 billion financing deal arranged by a Dubai-based bank also helped lift market sentiment.PSX all-time high.
Analysts expect the market to remain strong if these positive trends continue, especially with improving economic indicators and foreign investor interest growing steadily.