PSX extends record rally, climbs to fresh all-time high

Pakistan Stock Exchange

The Pakistan Stock Exchange opened Wednesday’s session on a positive note, with the benchmark KSE-100 index surging to a new all-time high in early trade before turning volatile as investors booked profits.

In the opening minutes, the stock market moved firmly into positive territory. By around 9:34 AM, the KSE-100 index had jumped 1,705.96 points to 186,768.06, with trading volume standing at about 11.9 million shares. This marked the first time in the history of Pakistan’s stock market that the benchmark crossed the 186,000 level.

However, the early rally did not last long. The index soon reversed direction and slipped into the red. Around 9:53 AM, it touched the day’s low of 184,896.70, showing a loss of 165.4 points, while volume had risen sharply to more than 53.1 million shares, indicating active trading and profit-taking.

Pakistan Stock Exchange one month performance

The market later regained momentum and moved back into positive territory. By 11:00 AM, the index was up 1,205.05 points at 186,267.15, with volume increasing significantly to around 190.3 million shares. The upward trend continued into midday, although gains moderated.

At about 12:39 PM, the KSE-100 was trading at 186,099.39, up 1,037.29 points, or 0.56 percent, with total volume reaching approximately 332.8 million shares.

So far in the session, the index has recorded a day high of 186,768.06, which remains a record level, while the lowest level seen during the day stands at 184,896.70. The previous close for the benchmark index was 185,062.10.

On a broader basis, the PSX continues to show strong performance. The market is up 60.36 percent on a one-year basis, while the year-to-date gain stands at 6.92 percent. Over the past 52 weeks, the KSE-100 has traded in a wide range, from a low of 101,598.91 to the historic high of 186,768.06 achieved earlier in the day.

Active stocks

Trading activity remained concentrated in several key stocks. Among the most active shares, KEL was trading at Rs6.63, up by 0.07 points. BOP rose to Rs42.97 with a gain of 0.74 points, while TRG jumped to Rs79.90, adding 5.20 points. TELE was seen at Rs13.13, up 0.20 points, and WTL traded at Rs1.85 with a modest gain. PTC climbed to Rs62.20, up by 2.05 points, while FNEL stood out with a strong rise to Rs19.82, gaining 1.80 points.

Gainers

On the advancing side, several stocks approached or touched their upper limits. GFIL rose to Rs18.43 with a gain of 1.68 points. DWAE NC climbed to Rs29.24, up by 2.66 points, while SERT increased to Rs46.94, adding 4.27 points. DIIL advanced to Rs70.69 with a gain of 6.43 points, and BWHL rose sharply to Rs234.47, up 21.32 points. FNEL also featured among the top gainers with a near 10 percent rise.

Losers

Meanwhile, a number of stocks traded lower. IDRT declined to Rs32.42, shedding 3.60 points. ASLCPS fell to Rs90.10 with a loss of 9.90 points, while TPLT slipped to Rs14.45, down by 1.29 points. ASIC traded at Rs18.50 after losing 1.31 points, and SZTM fell to Rs52.65, down 3.71 points. HAFL was also under pressure, trading at Rs519.98 with a loss of 25.02 points.

Market sentiment remains broadly positive, supported by the strong rally seen in recent sessions. Pakistan’s equity market has gained around 11,000 points over a seven-day calendar year period in 2026, reflecting growing confidence among investors.

Analysts attribute the ongoing strength to improving macroeconomic indicators, easing inflation expectations, hopes of future monetary easing, and steady participation from both local and foreign institutional investors.

Previous close

In the previous session, the KSE-100 index closed at 185,062.10, posting a gain of 2,653.87 points, or 1.45 percent. Tuesday’s trade was marked by wide swings, with the index moving within a range of more than 4,299 points and total volume reaching nearly 597 million shares.