The Pakistan Stock Exchange (PSX) has achieved a historic milestone, with the KSE-100 Index surpassing the 120,000-point mark for the first time ever.
During trading, the index soared over 1,800 points, peaking at 120,793 points, after previously gaining 1,427 points to reach 120,365 points. This sharp rally reflects robust investor confidence and a bullish market sentiment, setting a new benchmark for the PSX.
Read more: PSX Sees Sharp Decline as KSE-100 Index Sheds 1,840 Points Amid Economic Concerns
Since the start of January 2025, the KSE-100 Index has shown significant growth. On January 1, the index rose by approximately 1,900 points, closing at 117,008.08 points. The rally was fueled by strong buying interest in key sectors like automobiles, cement, commercial banks, fertilizers, and oil and gas exploration.
Optimism about a potential policy rate cut by the State Bank of Pakistan (SBP), following a drop in headline inflation to 4.1% in December 2024, further boosted market sentiment. Additionally, the launch of ‘Uraan Pakistan,’ a five-year national economic plan for sustainable growth, helped instill confidence in investors.
By mid-January, the KSE-100 Index continued its upward trend, gaining 574 points to close at 114,804.17 on January 15. This rise was attributed to reduced political uncertainty, increasing global crude oil prices, and expectations of a possible SBP rate cut.
Sectors such as banking, oil and gas, and automobiles saw notable gains during this period. Overall, the PSX has maintained a strong performance in 2025, reflecting increasing investor confidence and positive economic indicators.
