The Pakistan Stock Exchange (PSX) opened the week on a strong note, breaking past the 133,000-point mark amid growing investor confidence. A consistent wave of buying pushed the KSE-100 index to an intraday high of 133,109 points, registering a gain of over 1,000 points. Market sentiment remained upbeat as trading kicked off with a bullish momentum seen across major sectors.
Notably, key sectors such as automobile assemblers, commercial banks, oil and gas exploration companies, oil marketing firms, and refineries witnessed significant buying activity. Heavyweight stocks like PSO, HUBCO, ARL, SSGC, EFERT, MCB, MEBL, and UBL led the positive trend, contributing to the strong market performance. This surge reflects growing investor interest in blue-chip stocks, especially those linked to economic fundamentals.
This rally follows last week’s strong close when the index settled at 131,949 points, marking a gain of 1,262 points. On Friday alone, the market gained 593.89 points during intraday trading, setting a new record at 131,280.54 points. With consecutive days of upward movement, the PSX continues to reflect investor optimism and confidence in the economic outlook and fiscal developments.
Moreover, the State Bank of Pakistan’s (SBP) updated data boosted investor morale further. The country’s total liquid foreign exchange reserves rose to $18.09 billion, with the central bank holding $12.72 billion as of June 27, 2025. This significant rise is attributed to inflows from multilateral and commercial loans and shows growing strength in the external account.
According to SBP, its reserves surged by $5.12 billion during the fiscal year 2024-25, reaching $14.51 billion by June 30, 2025, compared to $9.39 billion a year earlier. This improvement in reserves has also helped stabilize the exchange rate and ease investor concerns. The net reserves held by commercial banks now stand at $5.36 billion, supporting overall market stability.
As trading volume crossed 899 million shares and daily turnover hit Rs 43.25 billion, the market continued to witness high investor participation. Out of 468 listed companies, 216 recorded gains, 236 faced losses, while 16 remained unchanged. With steady reserve growth and budget optimism, PSX is likely to maintain its bullish momentum in the days ahead.