Pakistan Stock Exchange (PSX) achieved a historic milestone on the last day of the financial year 2024-25, backed by a combination of positive economic factors, including a new trade agreement with the United States, China’s debt rollover support, proactive government measures to address circular debt, and growing investor confidence. The benchmark KSE-100 Index soared to a record-breaking psychological level of 125,627 points, marking a new high in its history.

The trading week commenced with robust momentum, as the KSE-100 Index opened with a gain of 505 points, reaching 124,884 points. During the trading session, sustained investment inflows propelled the index to an intraday high of 125,748 points, reflecting an increase of over 1,350 points. The bullish sentiment was fueled by strong buying activity in blue-chip companies, particularly in the fertilizer, banking, and oil and gas sectors, which saw the highest trading volumes. By the close of trading, the KSE-100 Index surged by 1,248 points, settling at the unprecedented level of 125,627 points.

Other key indices also recorded significant gains. The KSE-30 Index rose by 238.06 points to close at 38,153.78, while the KMI-30 Index gained 13.72 points to end at 184,886.49. The All-Share Index climbed by 904.90 points, concluding at 78,584.71. The market’s bullish run boosted its capitalization from PKR 15.062 trillion to PKR 15.239 trillion, resulting in a daily profit of PKR 177 billion for stock investors.

Throughout the day, trading activity was robust, with 481 companies recording transactions. Of these, 297 companies saw their share prices rise, 152 experienced declines, and 32 remained stable. The total trading volume reached 1.144 billion shares, with a cumulative value of PKR 35.238 billion, underscoring the high level of market activity and investor enthusiasm.

The PSX’s record-breaking performance reflects growing optimism in Pakistan’s economic outlook, bolstered by the government’s proactive steps to stabilize the economy, the favorable trade agreement with the U.S., and China’s support through debt rollovers. These developments, combined with efforts to tackle circular debt, have significantly enhanced investor confidence, positioning the PSX as a beacon of economic progress and a testament to Pakistan’s strengthening financial landscape.