KSE-100 index surges 978 points on Pak-US trade breakthrough

Pakistan Stocks - APP

Karachi, July 31, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) soared by 978 points on Thursday, closing at 139,390 points compared to the previous session’s close of 138,412.

The rally was driven by renewed investor confidence following the announcement of a major trade agreement between Pakistan and the United States.

The surge in the KSE-100 index was largely attributed to an unexpected tweet from U.S. President Donald Trump, calling the deal with Pakistan “historic.” The agreement reportedly focuses on expanding bilateral trade, increasing market access for Pakistani products, and encouraging direct U.S. investments in key sectors of the economy.

According to analysts at Topline Securities Limited, the bullish sentiment was further amplified by news of a strategic energy partnership between the two countries, aimed at developing Pakistan’s untapped oil reserves. This is being viewed as a transformational step for the country’s long-term energy security and economic stability.

The KSE-100 index saw strong performance across multiple sectors, especially oil and gas exploration, banking, and technology. Major contributors to the index’s gain included OGDC, POL, MARI, PPL, and Systems Limited (SYS), which together accounted for 823 points of the rally.

Investor enthusiasm was reflected in robust market activity. Total trading volume reached 576 million shares, with turnover valued at Rs. 36.3 billion. Bank of Punjab (BOP) led the volume chart with 82 million shares traded.

Today’s rally marks one of the most significant single-day increases in the KSE-100 index this year, signaling renewed market optimism amid improving geopolitical and economic ties.