PSX climbs to historically high on 124,379

Pakistan Stock Exchange (PSX) closed on another historically high on Friday as investor confidentiality increased after approval of the federal budget for FY26.

Benchmark KSE-100 index rose 2,332.60 points, or 1.91%, to settle down on 124,379. “The market rebounded strongly from Thursday’s short profit phase, with Bullish Momentum ruling throughout the session,” Ali Najib, deputy for trade in Arif Habib Ltd. The institutional investors led the rally in the middle of the portfolio re -balancing and optimism around the financial direction set by the newly approved budget.

Investor mood was further bent by Robust Roshan Digital Account (RDA) influx, which reached $ 10.38 billion in May 2025. Monthly influxes increased 13% to $ 201 million, while the number of accounts increased to 823,224, enhancing confidence in Pakistan’s external accountability. Key Index Movers included Fauji Fertilizer Company, Lucky Cement, Meezan Bank, Pakistan Oilfields and Engro Holdings, which in total contributed 866 points to today’s winnings.

The breadth of the market remained strong, with 773 million shares traded with valuation for RS37.6 billion. Bank Makramah led the quantities of the card with 79.7 million shares changing hands. The benchmark index published a weekly gain of 3.63%or 4,356 points over five sessions.

After opening of 118,272, the index touched a height of 125,285 and a low low at 115,887, which closed well over the central 120,000 psychological brand. Market analysts see KSE-100’s ability to keep over the 122,000 level as a sign of strong momentum.

Sustainable stability over 120,000 could pave the way for a fresh demonstration against 130,000, driven by improving macroeconomic indicators and rising investors’ confidence.

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