Karachi, July 11, 2025 – The benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) achieved a historic milestone on Friday by closing above the 134,000 mark for the first time in its history. The index gained 517 points, ending the day at an all-time high of 134,300 points, up from the previous day’s close of 133,783 points.
Market analysts at Topline Securities attributed this positive performance to sustained buying by mutual funds, which are increasingly shifting from fixed-income instruments to equities. This trend was evident in the latest data released by the National Clearing Company of Pakistan Limited (NCCPL), showing robust inflows into equity mutual funds.
The KSE-100 index recorded a 0.39% increase in a single session, demonstrating strong investor confidence and continued market optimism. Analysts believe the momentum is likely to continue in the near term, supported by favorable macroeconomic indicators and improving corporate earnings.
Stocks that provided the most significant boost to the index included United Bank Limited (UBL), Hub Power Company (HUBC), Millat Tractors Limited (MTL), Kohinoor Textile Mills (KTML), and Pakistan State Oil (PSO). Together, these companies added a collective +430 points to the KSE-100 index, driving the upward trend.
On the trading front, UBL led the market in terms of traded value, recording transactions worth PKR 2.32 billion. Other major contributors included DG Khan Cement (PKR 1.64 billion), Attock Refinery Limited (PKR 1.61 billion), HUBC (PKR 1.44 billion), Bank of Punjab (PKR 1.24 billion), and Maple Leaf Cement (PKR 1.19 billion).
Overall market activity remained vibrant with a total of 764 million shares traded, while the total traded value reached an impressive PKR 40 billion for the session.
With investor sentiment continuing to improve and liquidity flowing into equities, the KSE-100 index appears well-positioned for further gains, strengthening its standing as a key barometer of the country’s economic and financial outlook.