Karachi, June 27, 2025 — The Pakistan Stock Exchange (PSX) witnessed a historic rally on Friday as the benchmark KSE-100 index surged to an all-time high of 124,379 points, driven by strong investor confidence following the successful passage of the Finance Bill, 2025, in the National Assembly.
The KSE-100 index gained a remarkable 2,333 points, or 1.91%, on a day-on-day basis, compared to the previous session’s close at 122,046 points. This significant boost in market sentiment reflects growing investor optimism about the government’s fiscal roadmap for 2025–26, as outlined in the newly approved budget with a total outlay of Rs17.57 trillion.
Midday trading saw even more dramatic gains, with the KSE-100 index climbing by nearly 3,200 points, highlighting a wave of aggressive buying across the board. Analysts attributed the sharp rise to clarity on fiscal measures and the perceived political stability after the Finance Bill sailed through the National Assembly with the backing of coalition partners. All opposition amendments were rejected, solidifying government control over budgetary legislation.
The rally was broad-based, with notable strength in sectors such as automobile assemblers, cement, commercial banks, oil and gas exploration, oil marketing companies (OMCs), and refineries. Index-heavyweights including MARI, OGDC, POL, PPL, PSO, SSGC, HBL, MCB, and UBL all traded in the green, contributing significantly to the overall points gain on the KSE-100 index.
Market participants were particularly encouraged by the government’s commitment to sustaining economic reforms and revenue generation without imposing new taxes on key sectors. This assurance prompted institutional and retail investors alike to resume buying after a brief phase of profit-taking earlier in the week.
With today’s rally, the KSE-100 index has now added over 4,000 points in just the past two sessions, marking one of the most bullish closes in recent months. Analysts believe that if macroeconomic indicators continue to show improvement and investor sentiment remains strong, the KSE-100 could potentially set new points records in the coming weeks, reinforcing PSX’s position as a key barometer of Pakistan’s economic confidence.