Karachi, May 29, 2025 – The Pakistan Stock Exchange (PSX) witnessed a robust rally on Thursday as the benchmark KSE-100 index surged by 638 points, closing the session at 118,971 points.
The sharp rise came amid vibrant market participation and renewed investor confidence following a midweek holiday break.
The PSX had remained closed on May 28, 2025, in observance of Youm-e-Takbeer, a national public holiday declared by the government. Upon reopening, the market displayed bullish momentum from the opening bell, reflecting strong institutional and retail buying across key sectors.
According to analysts at Topline Securities Limited, the trading session began on a strong note and maintained upward momentum throughout the day. The KSE-100 index gained 638 points or 0.54%, settling at 118,971 points from the previous closing of 118,333 points. At one point, the intraday rally touched a high of 1,306 points, signaling broad-based optimism.
The PSX rally was fueled by major players such as Lucky Cement (LUCK), United Bank Limited (UBL), Fauji Fertilizer Company (FFC), Engro Corporation (ENGROH), and Mari Petroleum (MARI), which together contributed 413 points to the index. Their performance reflected increased investor appetite for fundamentally strong stocks amid improving macroeconomic indicators.
Cyclical sectors also drew significant interest, with stocks like International Industries (INIL), Amreli Steels (ASTL), International Steels Limited (ISL), Maple Leaf Cement (MLCF), and DG Khan Cement (DGKC) finishing higher. These stocks not only contributed to the day’s gains but also signaled a shift in investor sentiment toward growth-oriented sectors.
Market activity on the PSX remained brisk, with total traded volumes hitting 740 million shares and the value of traded securities amounting to PKR 23.8 billion. WorldCall Telecom (WTL) emerged as the volume leader with 137 million shares traded, underlining retail enthusiasm.
Thursday’s 638-point gain reinforced positive momentum on the PSX, bringing the index to 118,971 points. With such consistent performances, the PSX continues to reflect investor optimism and remains a focal point for both local and foreign investors tracking Pakistan’s capital market trends.