Pakistan Stock Exchange 100-index surges past 165,000

The Pakistan Stock Exchange (PSX) extended its record-breaking rally on Tuesday, crossing the 165,000-point mark amid improving market sentiment, supported by the Asian Development Bank’s (ADB) positive economic outlook despite challenges posed by recent floods. Later in the session, profit-taking trimmed a few hundred points amid brisk trading. At 10:40 am, the PSX’s benchmark KSE-100 index rose 880.09 points to reach 164,727.77, a gain of 0.53 percent. So far, 441 companies were active in the stock market; 222 recorded gains, 201 posted losses, while 18 remained unchanged. According to the Asian Development Outlook (ADO) September 2025, Pakistan’s growth is expected to continue in the medium term, with real GDP projected at 3.0% in FY2026, as macroeconomic stability strengthens through sustained reforms addressing structural vulnerabilities. The report acknowledged significant progress in economic reforms under the IMF Extended Fund Facility arrangement, which began in October 2024. It emphasized that policy consistency and climate resilience remain crucial for maintaining growth momentum, though downside risks to the outlook remain high. On Monday, the PSX had gained 1,590.68 points (0.98%), closing at 163,847.69 points. A total of 1,285,638,674 shares valuing Rs.65.768 billion were traded during the day as compared to 1,714,917,163 shares valuing Rs.70.744 billion on the last trading day. As many as 482 companies transacted their shares in the stock market; 235 recorded gains and 216 sustained losses, whereas the share prices of 31 remained unchanged. The three top trading companies were WorldCall Telecom with 118,937,336 shares at Rs.1.82 per share, followed by K-Electric Limited with 78,201,486 shares at Rs.7.15 per share, and Hascol Petrol with 63,522,783 shares at Rs.13.67 per share. The top gainers were Rafhan Maize Products Company Limited, share prices of which increased by Rs293.03 to close at Rs10,799.13, and Sapphire Fiber Limited, which rose by Rs115.43 to close at Rs1,269.70. The major losers were Unilever Pakistan Foods Limited, which declined by Rs1,807.70 to close at Rs30,500.31, and PIA Holding Company LimitedB, which fell by Rs1,404.97 to close at Rs25,284.63.