KSE-100 Hits Record High, Closes at 163,848 with 1,591-Point Surge

The Pakistan Stock Exchange (PSX) witnessed a strong bullish rally today as the benchmark KSE-100 Index surged by 1,591 points, settling at an all-time high of 163,848. The index touched an intraday high of 163,904 and a low of 162,059, with a total traded volume of 483 million shares and turnover of PKR 45.4 billion.

Major contributors to the index’s upward momentum included FFC (+3.1%, 406 points), PSO (+6.2%, 220 points), HBL (+2.5%, 135 points), NBP (+4.1%, 135 points), and FABL (+9.6%, 122 points). On the activity board, KEL and PAEL led with 78 million and 56 million shares, respectively.

Buying momentum was particularly strong in OMCs, Fertilizers, and Refineries, while E&P and Banking stocks showed mixed trends. Some profit-taking was noted in the Cement sector.

The index’s breakout above the 163,900 mark underscores robust investor participation and growing market confidence. While near-term fluctuations may occur, analysts suggest focusing on fundamentally strong sectors—E&Ps, OMCs, Fertilizers, and Banks—which continue to offer both attractive dividend yields and long-term growth potential.