Market rally lifts PSX to new all-time high
Trading activity remained robust, with a total volume of over 133 million shares and a market value of approximately Rs15.23 billion.
The index touched an intra-day all-high of 144,258.35 and a low of 143,409.59, maintaining overall positive sentiment during the ongoing session.
PSX performance builds on a sustained bullish streak, reflecting growing investor confidence amid improving economic signals and policy stability. The index had closed at 143,037.16 in the previous session.
Earlier on Tuesday, PSX continued its record-breaking rally, with the benchmark KSE-100 index climbing 985 points to close at yesterday's all-time high of 143,037.
Read: PSX's record rally continues on low deficit
The surge was fuelled by robust local and foreign inflows, broad gains across key sectors and positive fiscal data.
Pakistan's fiscal balance improved sharply in FY25, recording a deficit of 5.38%, the lowest in nine years. It reinforced investor confidence and heightened optimism for the rest of the week.
Arif Habib Limited (AHL) observed that further upside could propel KSE-100 beyond 143,000, bringing it closer to the 145,000 weekly target. Some 55 shares rose while 45 fell, with Fauji Fertiliser Company (+2.08%), MCB Bank (+2.33%) and UBL (+1.03%) contributing the most to index gains.
On the flip side, Pakistan Petroleum (-1.27%), Bank AL Habib (-1.14%) and PSO (-1.24%) were the biggest drags, it said.
JS Global analyst Muhammad Hasan Ather stated that the KSE-100 index surged 0.7% to a record close at 143,037, driven by a strong corporate outlook, robust cement sector demand and renewed investor confidence following a reduction of Rs780 billion in power sector arrears.
Fauji Cement was the volume leader with trading in 31.7 million shares, gaining Rs1.86 to close at Rs49.51. It was followed by First Dawood Properties with 24.8 million shares, gaining Rs1 to close at Rs6.98 and Invest Bank with 18.1 million shares, gaining Rs0.29 to close at Rs7.77.
Foreign investors sold shares worth Rs568.7 million, the National Clearing Company reported.
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