PSX rally continues as KSE-100 index nears 164,000 points

bulls and bears of stocks

Karachi, September 29, 2025 – The Pakistan Stock Exchange (PSX) maintained its upward momentum on Monday, with the benchmark KSE-100 index extending its record-breaking run and closing near the historic 164,000 level.

The KSE-100 index settled at 163,848 points, gaining 1,590 points or 0.98% compared to Friday’s closing of 162,257 points.

Analysts at Topline Securities reported that bullish sentiment dominated the PSX throughout the trading session, as the KSE index climbed to an intraday high of 1,646 points before cooling slightly at the close. The rally was primarily fueled by aggressive institutional buying, particularly from mutual funds. NCCPL data confirmed that mutual funds were strong net buyers on Friday, and this momentum carried into Monday’s session.

Sector-wise performance remained mixed, but key contributions came from fertilizer and banking stocks. Major players including FFC, PSO, HBL, NBP, and FABL collectively added 1,017 points to the index, while losses from ENGROH, LUCK, DGKC, and MTL shaved off 206 points.

Trading activity was slightly lower compared to the previous session, with volumes at 1,282 million shares and total traded value rising to PKR 65.7 billion. WTL led the volume chart with 118 million shares exchanged.

Market experts noted that consistent institutional inflows, coupled with improved investor confidence, have kept the bulls in control at the PSX. With the KSE index now within touching distance of 164,000 points, optimism is building that the market could continue to scale new heights in the coming sessions.