Daily Systematic Metro EPaper News National and International Political Sports Religion
BreakingBusiness

KSE-100 Index Nears 150,000 as Positive Momentum Drives Market Gains

Pakistan Stock Exchange Surges as KSE-100 Nears 150,000 Mark

The Pakistan Stock Exchange (PSX) witnessed a strong wave of buying on Monday, with the KSE-100 Index climbing to an intra-day high of 150,066.00 before closing at 149,971.12.

The benchmark index gained 1,353 points (0.91%), reflecting renewed investor confidence and bringing it closer to the psychological 150,000 level.

During the session, 67 stocks advanced, led by:

  • Lucky Cement (LUCK) – up 4.24%

  • OGDC – up 2.27%

  • Fauji Cement (FCCL) – up 7.39%

Meanwhile, Packages Limited (PKGP) fell 6.33% and Systems Limited (SYS) dropped 1.77%, emerging as major drags.

The index has now posted a 10.58% month-to-date return and a 34.84% gain in 2025-to-date, underscoring the market’s resilience. Among the top gainers, Bank of Punjab (BOP) rose 10%, while Pak Elektron (PAEL) gained 9.5%.

Boost from Debt Retirement & Inflation Relief

Market sentiment improved further after Advisor to Finance Minister Khurram Schehzad announced that Pakistan has retired Rs2,600 billion in debt ahead of schedule, including Rs1.6 trillion to the State Bank of Pakistan (SBP) in just 59 days. The move, hailed as a record in fiscal management, reassured investors.

Adding to the optimism, headline inflation dropped to 3% in August 2025, down from 4.1% in July, according to the Pakistan Bureau of Statistics (PBS). The Asian Development Bank’s (ADB) announcement of emergency relief funding also provided a positive boost.

With improving economic indicators and strong investor interest, analysts believe the PSX is well-positioned to test and sustain the 150,000 mark in the near term.

Related posts

Court Order to Ban Pakistani YouTube Channels Suspended

Editor

Israel kills truce hopes with attack on Qatar

Editor

Port Qasim Authority Plans 30,000-Tonne Storage Boost for Cement Exports

Editor

Leave a Comment