Karachi, July 30, 2025 – The Pakistan Stock Exchange (PSX) witnessed renewed optimism on Wednesday as the benchmark KSE-100 index surged by 447 points following the State Bank of Pakistan’s (SBP) decision to keep the policy rate unchanged at 11%. The market interpreted the move as a sign of monetary stability, fueling investor confidence.
The KSE-100 index closed at 138,412 points, up from the previous day’s close of 137,965, marking a gain of 0.32%. According to analysts at Topline Securities Limited, the trading session was volatile, with the index swinging between an intraday high of 139,018 and a low of 137,658 points.
Initial hours of trading saw pressure from leveraged investors who had anticipated a potential rate cut. However, once the SBP announced its decision to maintain the current policy rate during its Monetary Policy Committee (MPC) meeting, the market sentiment shifted positively, particularly benefiting banking and financial stocks.
While some major stocks including FFC, LUCK, ENGROH, MLCF, and DGKC recorded losses and collectively pulled the index down by 303 points, others like Systems Limited (SYS), United Bank Limited (UBL), and Habib Bank Limited (HBL) led the rally, together contributing 481 points to the KSE-100 index.
Trading activity remained robust throughout the day. The market saw a total volume of 423 million shares traded, with a turnover of Rs. 24 billion. Bank of Punjab (BOP) dominated the volume leaderboard with 24 million shares exchanged.
The positive momentum in the KSE-100 index reflects growing investor confidence in Pakistan’s economic outlook, driven by policy consistency and expectations of stable inflation. Analysts believe that sustained foreign inflows and corporate earnings may continue to support the index in the coming sessions.