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PSX hits record high as KSE-100 crosses 174,000 points

PSX hits record high

KARACHI:  The Pakistan Stock Exchange (PSX) reached a historic milestone as the benchmark KSE-100 Index climbed to an all-time high during intraday trading.

During the session, the KSE-100 Index crossed the 174,000-point level for the first time in history, reflecting strong investor confidence.

The market opened on a positive note at the start of the business week, with the index gaining momentum throughout the session and at one point rising more than 1,411 points above 174,000.

By the close of trading, the KSE-100 Index settled at 173,896 points, registering a net gain of 1,495 points.

Trading activity remained robust, with around 850 million shares changing hands, valued at approximately Rs42 billion. Market capitalization increased by Rs125 billion to reach Rs19,590 billion.

According to economic analysts, positive developments related to key institutions, including the Fauji Foundation, and other favorable economic indicators contributed to the strong bullish trend in the stock market.

PSX records weekly gains as market sentiment improves

PSX records

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a strong upward trend during the past week, with the KSE-100 Index climbing 2,779 points over the five-day trading period. The index closed at 169,864 points, up from 167,085 points at the start of the week.

During the week, the market saw two days of decline and three days of gains, reaching a record high of 170,697 points, while the weekly low stood at 167,386 points. Market capitalization increased by PKR 28.2 billion, taking the total to PKR 19,321 billion.

Investors showed renewed confidence following the IMF installment approval, with 48.38% of shares recording price gains across the board. Analysts noted that the market’s psychological thresholds were restored, contributing to the bullish momentum.

The week highlighted a recovery in investor sentiment and optimism over economic stability, reflecting positively on both the KSE-100 Index and overall market performance.

Weekly Report: Pakistan Stock Exchange surges by 4,575 points

Weekly Report

KARACHI: The Pakistan Stock Exchange (PSX) witnessed a strong bullish trend during the past trading week, with the KSE-100 Index rising by 4,575 points.

The index closed the week at 166,677 points, up from 162,102 points at the start of the week. During the week, the market recovered four psychological levels, reflecting investor confidence.

Over the five trading days, the market saw three days of gains and two days of declines. The highest level of the KSE-100 Index during the week was 167,005 points, while the lowest level was 160,564 points.

Market capitalization increased by PKR 353 billion, bringing the total to PKR 18,866 billion.

Around 42.21% of listed stocks recorded price increases. Shares of 1,009 companies gained, while 1,172 companies saw declines.

Analysts attributed the market rally to renewed buying interest from local institutions and individual investors, which helped sustain the bullish momentum.

PSX records modest gains during weekly trading

PSX records

KARACHI: The Pakistan Stock Exchange (PSX) witnessed modest gains during the trading week. The KSE-100 Index rose by 167 points, closing at 162,102 points compared to 161,935 points at the start of the week.

During the week, the market recovered a key psychological level, with three days of decline and two days of upward movement. The highest level of the week for the index was 162,936 points, while the lowest stood at 160,583 points.

The market capitalization increased by Rs 7.9 billion, reaching Rs 1,851.2 billion by the end of the week. Around 42.7% of listed shares recorded gains, with 1,021 companies seeing price increases and 1,161 companies recording declines.

Experts noted that limited buying pressure for profit-taking in certain stocks contributed to the modest uptick in the market.