Karachi, July 2, 2025 – The Pakistan Stock Exchange (PSX) witnessed an explosive rally on Wednesday as the benchmark KSE-100 index surged to an all-time high of 130,344 points, marking a powerful start to the new fiscal year.
The index gained a massive 2,145 points from the previous day’s close of 128,199 points, reflecting strong investor confidence and bullish momentum across major sectors. Market participants described the rally as a “bull rampage,” fueled by institutional buying and renewed optimism surrounding economic and fiscal policies.
According to analysts at Topline Securities Limited, the KSE-100 index even touched an intraday high of 2,346 points before settling at 130,344 points, up by 1.67%. The move was primarily driven by a shift in investor sentiment toward equities, as fixed-income yields remain less attractive in the wake of monetary easing.
Banks were the stars of the day, contributing a total of 1,286 points to the index. Top performers included blue-chip financial institutions like UBL, MCB, BAHL, MEBL, HBL, and NBP, all of which saw strong buying interest and significantly boosted overall market performance.
The rally wasn’t limited to financials. The pharmaceutical sector also made a remarkable comeback, with stocks like SEARL hitting their upper limit. Others such as CPHL, HAELON, and ABOT also drew solid investor attention, adding breadth to the rally.
Market activity remained exceptionally robust. Trading volumes crossed 1.02 billion shares, while the total traded value reached PKR 49.17 billion — a clear sign of elevated participation. WorldCall Telecom (WTL) topped the volume chart with 89.8 million shares traded.
With the KSE-100 index now in uncharted territory, market watchers are turning their focus to upcoming corporate earnings and macroeconomic indicators. The question remains: can the bulls maintain their momentum, or will a technical correction be around the corner?
Regardless, today’s performance has cemented the KSE-100 as one of the region’s standout indices, breaking through psychological barriers and setting the stage for what could be a dynamic earnings season. Investors will be watching closely for the next move as the market builds on this historic points milestone.