Karachi:
Following a retreat at the previous session, investor confidence returned to the Pakistan Stock Exchange (PSX) on Thursday, as the KSE-100 reference index increased beyond the previous record, publishing a profit of more than 1,200 points.
The upward trend was powered by positive economic signals and the feeling of investors was strengthened. In a landmark achievement, Pakistan saw the highest annual inputs of remittances at home, which crossed $ 38 billion during the financial year 2024-25.
This excellent development is largely attributed to effective policy initiatives and the federal government’s consistent efforts along with the Pakistani state bank (SBP) to promote the use of official remittance channels.
During the meeting, the index turned between the maximum maximum day of 133,902 and the low length of the day of 132,706. By the end of the negotiation, the index amounted to 133,782.35, increasing 1,205.36 points or 0.91%.
Stocks closed in a new high in conjecture at the time of profits and reducing the long -term yields of government bonds, which hint at state bank policy, commented Arif Habib Corp Md Ahsan Mehanti.
The $ 38.3 billion recording remittances, an increase in exports by 4.67% of exports to FY25 and the possible relief to industrial invoices were the key catalysts for the record near the PSX, he added.
JS Muhammad Hasan Ather’s worldwide analyst observed that the KSE-100 index increased 1,325 points to reach the high of 133.902, as investors’ feeling turned into the back of the strong macroeconomic signals.
In addition, they record high remittances and strong demand in recent debt auctions of government debt have led to a renewed interest in the banking sector, marking a key turning point for the market. With the improvement of fundamental elements and fiscal stability, the index seems ready to consolidate over the 130,000 sign, he said.
Arif Habib Limited (AHL) wrote in her report that the stocks held the support zone at 132-133K during the current week, with the market beating 132.3k before continuing its progress.
About 63 shares increased while 34 fell. Meezan Bank (3.17%), MCB Bank (2.59%) and United Bank (1.09%) contributed more to index profits. Pakistani services (-5.34%), oil and gas development company (-0.61%) and Pakistan’s (-1%) oil were the largest service, he said.
Among the big news, Pakistan was looking for a valuation of at least $ 1 billion for the PIA Roosevelt Hotel in New York. In addition, Kohat cement rose 8.5% after approval of the creation of a fully subsidiary, Ultra Properties, to handle real estate, marketing and rental businesses.
Moving on to the last session of the week, the KSE-100 increased by 1.4%, with 134.1k being the level you have to attend at Friday’s meeting, AHL predicted.
In its revision, Topline Securities said that after a two-day breath, the Bulls went back to life, as the KSE-100 raised 1,205 points (+0.91%).
The optimistic impulse has undergone the optimism of investors in front of the time of corporate results, which will begin on Friday. The prediction of strong profits has caused the widespread market in key areas. In the field of textiles, Nisat Mills Limited (NML) appeared as a standout performer. Topline maintained its “market” attitude to NML with target price of RS225 in June 2026.
Total trading volumes increased to 941.7 million shares compared to Wednesday 905.7 million. The value of the shares negotiated was 36.1 billion Rs. The shares of 479 companies were negotiated. Of these, 260 reserves were closed higher, 195 decreased and 24 remained unchanged.
The Bank of Punjab was the leader of the volume with a trading of 155.4 million shares, increasing RS1.14 to close the RS13. Kohinoor Spinning Mills followed with 55.1 million shares, winning RS0.24 to close RS6.89 and Hascol Petroleum with 33.3 million shares, UP0.61 to close on RS11.81. Foreign investors sold shares worth 324 million Rs, the National Clearing Society said.
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