PSX reaches all-time high as KSE-100 crosses 72,000.
Over 900 points are gained by the KSE-100 in intraday trading. rise, according to the analyst, as a result of better economic data. Yesterday, stocks closed at 71,359.41 points, down 74.06 points from the opening.

KARACHI: On Wednesday morning, early trading saw the Pakistan Stock Exchange (PSX) surpass the 72,000 mark, marking a new milestone. The benchmark KSE-100 index increased by 976.49 points, or 1.37%, during intraday trading to close at 72,335.89 points, up from 71,359.41 points the previous day.
Raza Jafferi, CEO of EFG Hermes Pakistan, said in an interview with Pak Media that the improvement in economic indicators—particularly foreign exchange reserves and inflation trajectory—is what's driving the rally and raising the prospect of monetary relaxation.
"This can be a major trigger for equities, and is leading to interest in highly leveraged sectors such as cement and textile which are driving the newest leg of the rally," Jafferi stated.
According to Muhammad Sohail, CEO of Topline Securities, the KSE-100 index has broken yet another record. He stated that following a record current account surplus, consumer inflation is anticipated to decline.
"Investors believe that the interest rate will decrease in the coming months," Sohail said.
"Stable macros, rate-cut expectations, and hopes for a new IMF (International Monetary Fund) program are driving the market," stated Samiullah Tariq, head of research at Pak-Kuwait Investment Company.
A day earlier, traders said that stocks had finished slightly lower in mixed activity, with early gains fueled by a rise in the cement sector being wiped by profit-taking in the middle part of the day.
The KSE 100-share index closed at 71,359.41 points, down 74.06 points, or 0.10%.
According to analyst Ahsan Mehanti at Arif Habib, "stocks closed under pressure amid higher trades on weak global crude oil prices, reports over refineries shutdown, and expectations over prudent SBP policy announcement next week ahead of new IMF loan talks next month."
"Shanghai Electric Power’s withdrawal on KE acquisition offer, uncertainty over Pakistan-US relations on Pakistan-Iran trade pacts and weak rupee played a catalytic role in the negative close."