Skip to content
All about finance. — Capital — Trading — Value — Ira — Position — Index — Investing — Stock-market — Bonds — Stocks — Capitalization — Finance — Debt — Business — Inflation

Record smashes previous record, reaching new peak

Stock Market Soars in Karachi, Reaches New Peak at Pakistan Stock Exchange (PSX)

,   and  Administrator
3 min read
Stock Market Soaring in Karachi: Pakistan Stock Exchange (PSX) Reaches Record High
Stock Market Soaring in Karachi: Pakistan Stock Exchange (PSX) Reaches Record High

Record smashes previous record, reaching new peak

KARACHI UPDATE: Pakistan Stock Exchange (PSX) Soaring to All-Time Highs Amid Budget Expectations and Sector-Specific Developments

The PSX is on an upward trajectory, with the KSE-100 Index achieving an all-time high on Thursday, striking 119,962 points—a 1.20% increase from the previous day's 118,536.53 points[1]. Over 699 million shares changed hands on Thursday, compared to 609 million shares a day earlier[1].

On Thursday, the BRIndex100 jumped by 217.16 points or 1.71% to close at 12,887.79 points[1]. The BRIndex30 also marked a 2% gain, closing at 38,116.12 points, with 50.818 million shares traded[1].

",br!keywords: Oil Marketing Companies, refineries, energy sector, fiscal policies, macroeconomic fundamentals, volatility, geopolitical tensions, investor confidence

Analysts at the Topline sales desk believe the government's attempt to create a legal framework between Oil Marketing Companies and refineries could bring more clarity and stability to the supply chain[1].

Refinery stocks emerged as top performers on the day, ending the trading session in the green due to sector-specific developments. Pak Refinery and Cnergyico PK were among the volume leaders[1].

The PIA Holding Company LimitedB and Rafhan Maize Products Company Limited topped the list of gainers, increasing by Rs 1,029.56 and Rs 209.99 respectively, to finish at Rs 11,325.15 and Rs 9,201.27, while Hoechst Pakistan Limited and Bata Pakistan Limited were the day's top losers[1].

Heavyweights like United Bank Limited, Engro Corporation, Hub Power Company, Fauji Fertilizer Company Limited, and Millat Tractors Limited led the charge, adding 656 points to the index[1].

Some analysts expect further growth in the market, as increasing investor confidence may keep the PSX on a positive path[4]. The market's uptrend demonstrates optimism surrounding the upcoming budget and the government's efforts to resolve sector-specific issues[4].

In recent months, the PSX has experienced significant growth, with the KSE-100 index increasing by 59.68% over the past year and 3.93% year-to-date as of May 2025[2][3]. The PSX's positive performance is attributed to several factors:

  1. Upcoming Budget Announcements: The upcoming budget has sparked optimism among investors. Policies that support economic growth could further boost the market[2].
  2. Budget Expectations: Investors are keeping close tabs on the budget for policies that promote economic stability and growth[2].
  3. Sector-Specific Developments: Key performing sectors include energy, banking, technology, and infrastructure[5]. Analysts are optimistic about the future growth prospects of these sectors due to ongoing reforms and technological advancements[5].

However, despite the positive outlook, risks persist. These include currency fluctuations, political instability, and geopolitical tensions, which can cause market volatility[5][3]. Nonetheless, analysts view the Pakistan Stock Exchange as an attractive investment opportunity for both local and foreign investors, given the macroeconomic fundamentals' current stability and willingness to capitalize on dips during times of geopolitical tension[3].

Sources:[1] Business Recorder. (2025). PSX Closes at All-Time High Amid ongoing Refinery Stocks’ Surge. Retrieved from https://www.brecorder.com/[2] The News. (2025). PSX: KSE-100 slips 179 points to close below 106,000-mark. Retrieved from https://www.thenews.com.pk/[3] Bloomberg. (2025). Pakistan Stock Exchange: Reasons for Surge and Misconceptions. Retrieved from https://www.bloomberg.com/[4] The Express Tribune. (2025). PSX: Investors likely to capitalize on current macroeconomic fundamentals. Retrieved from https://tribune.com.pk/[5] The Dawn. (2025). Pakistan Stock Exchange: Current Risks and Future Growth. Retrieved from https://dawn.com/

  1. Investor confidence may continue to drive the Pakistan Stock Exchange (PSX) as analysts anticipate further growth following the recently achieved all-time high [4].
  2. Besides budget expectations, sector-specific developments in energy, banking, technology, and infrastructure have fueled the market's uptrend [5].
  3. Analysts view the PSX as an attractive investment opportunity, particularly due to the current macroeconomic stability and the potential to capitalize on dips during geopolitical tensions [3].
  4. Despite some risks, such as currency fluctuations, political instability, and geopolitical tensions, the Pakistan Stock Market remains resilient [5][3].
  5. To address market volatility, the government's attempts to create a legal framework between Oil Marketing Companies and refineries could lead to more clarity and stability in the energy sector [1].
  6. In an effort to boost economic stability and growth, investors are closely ascertaining the upcoming budget's policies [2].
  7. As heavyweights like United Bank Limited, Engro Corporation, Hub Power Company, Fauji Fertilizer Company Limited, and Millat Tractors Limited lead the charge, the PSX's capitalization continues to increase [1].

Read also:

    Related

    Latest