PSX Continues Record-Breaking Run as KSE-100 Index Hits 145,647 points

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index continued its bullish trend on Thursday, gaining 559 points to close at 145,647 points, a fresh all-time high. In a note, brokerage firm Topline Securities noted that the bullish momentum from previous sessions carried through, underpinned by strong institutional inflows, particularly from local mutual funds, as highlighted by NCCPL data. The rally was largely fueled by index-heavyweights including PPL, HBL, EFERT, SYS, and OGDC, which collectively contributed 738 points to the index’s upward trajectory, it said. A total of 712,527,450 shares were traded during the day as compared to 788,463,721 shares the previous trading day, whereas the price of shares stood at Rs. 55.67 billion against Rs. 52.780 billion on the last trading day. As many as 483 companies transacted their shares in the stock market, 221 of them recorded gains and 235 sustained losses, whereas the share price of 27 companies remained unchanged.