PSX extends gains amid growing investor confidence

PSX KSE-100

Karachi, June 25, 2025 – The Pakistan Stock Exchange (PSX) extended its bullish run on Wednesday, fueled by rising investor confidence and improved market sentiment.

The benchmark KSE-100 index closed at 122,762 points, marking a gain of 515 points or 0.42% compared to the previous day’s close of 122,247 points.

This continued rally reflects a notable shift in investor confidence following the significant surge recorded a day earlier. On Tuesday, the PSX witnessed a remarkable rebound, with the KSE-100 index soaring by 6,079 points or 5.23% — a response to the geopolitical breakthrough in the form of a ceasefire agreement between Iran and Israel. The easing of regional tensions significantly lifted investor confidence and brought much-needed stability to the market.

Analysts at Topline Securities Limited observed that the KSE-100 index maintained its upward trajectory throughout the day. The index hit an intraday high of 1,009 points before settling at a net gain of 515 points. According to the analysts, this sustained momentum signals a return of investor confidence across multiple sectors.

Among the top contributors to Wednesday’s gains were key stocks such as Bank AL Habib (BAHL), Habib Bank Limited (HBL), Fatima Fertilizer (FATIMA), D.G. Khan Cement (DGKC), and National Foods (NATF). Together, these scrips added a combined 372 points to the benchmark index, underscoring sector-wide investor confidence.

Market participation remained robust, as total trading volume reached 738 million shares, while the trading value stood at a solid PKR 27 billion. WorldCall Telecom Limited (WTL) emerged as the volume leader with 102 million shares exchanged.

Market observers note that the PSX is benefiting not only from easing geopolitical risks but also from renewed confidence in Pakistan’s macroeconomic outlook. Stability in foreign exchange reserves, hopes of IMF engagement, and expectations of improved corporate earnings have all contributed to the surge in confidence.

The consistent upward trend at the PSX suggests that investor confidence remains resilient, and if macro indicators continue to improve, the rally could extend further in the coming sessions.