The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index Surges 6% this week. The index closed at a record high on Friday as bulls stayed in charge. On the last trading day, the index gained 1,262 points or 0.97 percent. It settled at 131,949 points, the highest level ever for the KSE-100.
Topline Securities reported that the KSE-100 Index Surges 6% week-on-week. Analysts say strong institutional buying drove this rally. New liquidity is shifting into equities due to lower returns on fixed income and higher taxes on savings.
Trading activity also rose sharply this week. Average daily traded volume grew 31 percent from last week, reaching 967 million shares. The average traded value increased by 33 percent to Rs. 41.5 billion.
On Friday, leading stocks like UBL, HBL, Systems Limited (SYS), BAHL, MCB, NBP, and MEBL contributed the most. Together they added 1,289 points to the index. Banking and technology shares led the gains, supported by solid earnings expectations.
A total of 733 million shares changed hands on Friday. This was slightly lower than Thursday’s volume of 899 million shares. The traded value dropped to Rs. 34.92 billion from Rs. 43.25 billion the day before.
Out of 473 listed companies that traded, 255 closed higher while 177 ended lower. The prices of 41 companies remained unchanged. Broad participation shows that investors remain confident despite recent gains.
Experts believe the rally could continue if key economic indicators stay positive. They point to the new budget, lower interest rates, and expected foreign inflows as major drivers.
However, some warn that profit-taking is possible after rapid gains. They urge investors to stay cautious and diversify their holdings. Watching global oil prices and local economic data will be crucial in the coming days.
The record-breaking performance shows the PSX’s strength in tough times. The KSE-100 Index surged 6% in just one week. If positive factors remain, analysts see more gains ahead for Pakistan’s main bourse.
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