Karachi, July 3, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared to a historic new high on Thursday, despite enduring a wildly volatile trading session that kept investors on edge throughout the day.
The KSE-100 index added 343 points to close at a record 130,687 points, up from the previous day’s close of 130,344. The index’s rise reflects continued bullish sentiment in the market, although extreme intraday volatility tested the nerves of both institutional and retail investors.
Naveed Nadeem, Senior Equity Trader at Topline Securities Limited, commented that the KSE-100 index displayed a strong but erratic trajectory. “The market saw sharp swings today, peaking at 131,325 and dipping to a low of 129,776, as investors engaged in strategic profit-taking amid a highly volatile environment,” he said. Despite the turbulence, the index managed to settle higher, registering a gain of 0.26%.
The volatility stemmed from mixed investor sentiment influenced by both profit-taking and selective buying. The KSE-100 index came under pressure from major declines in blue-chip stocks like BAHL, MCB, MEBL, HBL, and MTL, which together shaved off 493 points. However, these losses were partially countered by strong performances in OGDC, UBL, and HUBC, which jointly contributed 353 points to the index’s upward momentum.
Overall market participation remained robust, reflecting growing investor confidence despite the volatile trends. Trading volume hit an impressive 897 million shares, with a total turnover of Rs. 43 billion. WorldCall Telecom Limited (WTL) led the volume board with 49 million shares changing hands, indicating strong speculative interest.
The KSE-100 index, despite frequent pullbacks during the session, maintained its upward trajectory, demonstrating the resilience of Pakistan’s equity market. Analysts noted that while the ride was volatile, the overall trend remains bullish, supported by stable macroeconomic indicators, strong corporate earnings expectations, and growing foreign portfolio interest.
As the KSE-100 index continues to post new records, market experts advise caution, reminding investors that volatile trading sessions are likely to persist amid shifting sentiments and global market cues. Nonetheless, the PSX appears to be on solid footing as it enters the second quarter of FY26.