Pakistan stocks continue historic rally, index hits fresh record high

KARACHI: The Pakistan Stock Exchange (PSX) extended its historic rally on Thursday, with the benchmark index touching a new all-time high.

Trading began with a gain of 454 points, pushing the KSE-100 index to a record 186,973 points. The upward momentum continued as the index rose by 605 points to reach 187,124 points.

Although a brief period of selling pressure was seen, renewed investor confidence lifted the index by 856 points to a fresh peak of 187,374 points.

It is noteworthy that the PSX has witnessed a strong bullish trend since the start of the current trading week, with the index crossing several key psychological levels and setting new records.

Meanwhile, investment by mutual funds in the Pakistan Stock Exchange has reached its highest level in 10 years.

According to the National Clearing Company of Pakistan Limited (NCCPL), robust buying by mutual funds has been a major driver behind the record surge in the KSE-100 index. NCCPL data shows that mutual funds recorded net purchases of 298 million dollars.

The report said mutual funds invested around 84 billion rupees in local currency. This marks one of the largest mutual fund investments in the PSX since 2016, recorded during 2025.

Data further indicates that mutual fund investments have shifted from bank deposits and bonds to the equity market.

Market experts say that continued low interest rates in the country could help sustain mutual funds’ interest in equities.

Web Desk