The Pakistan Stock Exchange (PSX) opened on a bullish note on Monday, with the benchmark KSE-100 Index gaining 1,187.99 points, or 0.9%, to reach 133,137.05 during intra-day trading. The index recorded a high of 133,156.63 and a low of 132,467.12. Trading volume stood at over 41 million shares, with the total traded value reaching Rs 3.39 billion.
This builds on last week’s strong opening to the new fiscal year, when the index had hit a then-record high of 131,949.06 points. Analysts attributed the positive momentum to investor optimism surrounding potential policy clarity and improving macroeconomic indicators. Earlier in the week, the market had opened the new fiscal year on a bullish note, with the KSE-100 Index surging to an all-time high of 131,949.06 points during the week ended July 4, 2025.
The index gained 7,570 points, or 6.1% week-on-week, driven by improving macroeconomic indicators, foreign inflows, and strong investor sentiment.
Psx gains amidst investor optimism
The rally extends momentum from the previous fiscal year (FY25), which closed with the PSX ranked as the best-performing regional bourse, delivering a 60% annual return.
Easing inflation, lower electricity tariffs, and renewed interest from both local and foreign investors supported the continued upward trajectory. According to Arif Habib Limited’s (AHL) weekly report, the KSE-100 Index surged from 125,627.31 to 131,949.06 during the week, posting a 6.1% gain. Inflation for June 2025 eased to 3.2% from 3.5% in May, as reported by the Pakistan Bureau of Statistics (PBS).
JS Global’s Syed Danyal Hussain noted that the KSE-100 index’s strong FY25 close and continued FY26 momentum reflect improving sentiment. The index’s 6% week-on-week increase was complemented by a 31% rise in average daily turnover (ADTO). June 2025’s Consumer Price Index (CPI) came in at 3.2% year-on-year, bringing the FY25 average to 4.5%, a significant drop from 23.4% in FY24.
