KSE-100 Hits Record High, Closes Above 159,000 with Strong Buying Momentum

The Pakistan Stock Exchange (PSX) witnessed a bullish session as the benchmark KSE-100 Index surged by 1,043 points, closing at a historic high of 159,280. The market opened strong and maintained positive momentum throughout the day, recording an intraday high of 159,538 and a low of 158,297.

Trading activity remained robust, with 880 million shares exchanged on the KSE-100, valued at approximately PKR 37.5 billion.

Key contributors to the index’s rally included HUBC (+6.3%, 419 points), ENGROH (+3.6%, 277 points), HBL (+3.7%, 183 points), MARI (+2.7%, 152 points), and EFERT (+2.6%, 113 points). On the volumes chart, K-Electric (406 million shares) and Cnergyico (207 million shares) dominated the turnover.

Sector-wise, the Power sector led the gains, while the Banking, Exploration & Production (E&P), Cement, and Fertilizer sectors showed mixed investor sentiment.

With the index touching an all-time high, analysts note that the broader bullish trend remains intact despite potential short-term fluctuations. Investors are encouraged to focus on fundamentally strong sectors such as E&Ps, OMCs, Fertilizers, and Banks, which continue to offer attractive dividends and growth opportunities.