KSE-100 Closes Near Record Levels as Market Confidence Strengthens

Karachi: The Pakistan Stock Exchange delivered another strong performance on Monday as the KSE-100 Index climbed by 2,662.86 points to settle at 187,761.69, reflecting growing confidence among investors in Pakistan’s equity market.
The index opened at 186,151.24 points and remained in positive territory throughout the session. Buying momentum remained strong, pushing the index to an intraday high of 187,882.05 points, while the day’s low was recorded at 186,127.35 points.
Trading Volume Highlights
Total index constituent volume reached 450.87 million shares, signaling strong participation across multiple sectors. Analysts said the high volume confirmed that the rally was well-supported and not limited to a few stocks.
Key Contributors
ENGROH led the rally by adding more than 450 points, followed by UBL, HUBC, FFC, and MEBL. These stocks remained the backbone of the market’s upward movement.
Fertilizer stocks benefited from expectations of higher demand and stable pricing, while banks gained due to expectations of stable earnings growth.
Draggers Remain Secondary
PIOC, PTC, BAHL, NBP, and MCB appeared among the draggers, but their negative contribution remained minor in comparison to the strong gains from leading stocks.
Broader Economic Impact
Market experts believe that the strong performance of the KSE-100 reflects improving confidence in Pakistan’s economic direction. Stable exchange rate conditions, improving fiscal discipline, and expectations of foreign inflows are supporting equity valuations.
Shariah and conventional investors alike are increasing exposure to blue-chip stocks due to improved risk appetite.
Long-Term View
With FYTD returns approaching 50 percent, the KSE-100 Index has delivered exceptional performance compared to other regional markets. Analysts believe that the index still has room for growth, provided economic stability continues.
However, experts caution that investors should remain selective and focus on companies with strong balance sheets and sustainable earnings.
Conclusion
The KSE-100’s strong close near record levels highlights the resilience of Pakistan’s stock market. With improving volumes, strong sector participation, and positive investor sentiment, the PSX appears well-positioned to maintain its upward momentum in the coming months.