The Pakistan Stock Exchange (PSX) kicked off the new fiscal year 2025–26 on a strong bullish trend, with the benchmark KSE-100 Index soaring by 2,300.18 points during intra-day trading to reach 127,927.49 — a 1.83% gain from the previous close of 125,627.31.
The market hit an intraday high of 128,149.46, with the session’s low recorded at 126,113.27. Trading volume stood at 198.08 million shares, with a value of Rs16.83 billion.
Also Read: PSX Starts New Fiscal Year with All-Time High Performance
Analysts credited the rally to renewed investor confidence driven by signs of political and economic stability, as well as optimism surrounding the fiscal reforms announced in the federal budget. The momentum follows a record-breaking close of FY2024–25, where the KSE-100 ended Monday up by 1,248 points.
Ahsan Mehanti of Arif Habib Corp attributed the upbeat sentiment to improved macroeconomic indicators, particularly the rollover of $3.4 billion in Chinese financing, which helped boost Pakistan’s foreign exchange reserves beyond the IMF’s required $14 billion threshold — a key benchmark for continued support and rupee stability.
Topline Securities noted that the market continues to ride the bullish wave from last week, closing FY2024–25 on a high and entering FY2025–26 with strong momentum.
Arif Habib Limited (AHL) said the week had started solidly, with stocks like HBL (+3.51%), Bank AL Habib (+2.7%), and FFC (+1.52%) driving gains.
Out of 481 companies traded during the session, 297 advanced, 152 declined, and 32 remained unchanged.
