KSE-100 index surges by 1,274 points as market turns bullish

Pakistan Stocks - APP

Karachi, August 29, 2025 – The Pakistan Stock Exchange (PSX) witnessed a strong bullish rally on Friday as the benchmark KSE-100 index surged by 1,274 points, signaling renewed investor confidence.

The index closed at an impressive 148,618 points, compared to the previous day’s closing of 147,344 points.

Market analysts at Topline Securities noted that the KSE-100 index rebounded sharply after several lackluster sessions, posting a notable gain of 0.86% in a single day. Institutional buying played a crucial role in lifting sentiment, helping the index maintain its upward trajectory and close near its recent highs.

Sector-wise, the cement industry provided the largest contribution to the KSE-100 index, collectively adding 555 points. Key performers included DG Khan Cement (DGKC), Lucky Cement (LUCK), Fauji Cement (FCCL), Maple Leaf Cement (MLCF), and Cherat Cement (CHCC). Optimism regarding higher cement dispatches for August 2025 fueled strong buying across the sector.

Trading activity also gained momentum, with OGDC leading the chart in terms of traded value at PKR 3.86 billion, followed by FCCL at PKR 3.26 billion and DGKC at PKR 3.24 billion. NBP and MLCF also posted significant turnover of PKR 2.64 billion and PKR 1.96 billion, respectively.

Overall, investor participation rose considerably, as daily traded volume reached 1.34 billion shares – up 95% on a day-on-day basis – while traded value stood at PKR 52.27 billion, reflecting a 19% increase.