Relentless PSX touches another historic high

Pakistan Stock Exchange on Tuesday touched an intraday high of 150,000 following fresh funds flushed into the equity market with a number of companies nearing upper lock.

The index closed at 149,771 points, showing an increase of 1,574 points or 1.1%. The intraday high was 150,323 points.

The major contributors during the session were commercial banks, cement, and pharmaceuticals sectors, which cumulatively added 1,630 points to the index

Ahsan Mehanti from Arif Habib Corporation said that stocks closed on an all-time high as investors’ confidence was buoyed by the robust economic outlook analysis by Fitch and Moody’s. Fitch has projected a growth of 3.5% for FY27.

He added that plans to reduce the PKR 2,600 billion circular debt, upbeat data on exports, cement dispatches and rupee stability played catalyst role in record performance of the market.

According to an analyst from Ismail Iqbal Securities, the benchmark index closed on a record high due to improved liquidity and sustained investor confidence.

Bullish momentum

According to the Finance Ministry, this was the fastest increase of 50,000 points in the KSE-100 index. The index, introduced in November 1991, reached 50,000 points after 26 years in 2017.

The increase from 50,000 to 100,000 was achieved in 8 years (2017-2024) and 150,000 in 10 months between November 2024 and August 2025.

An analyst from Al Habib Capital Markets said that the Pakistan Stock Exchange's benchmark KSE-100 Index continued its bullish momentum.

According to Bloomberg, the State Bank of Pakistan (SBP) may cut policy rates by another 100 basis points, while also launching an upgraded payment system today.