The Pakistan Stock Exchange (PSX) continued its bullish trend on Wednesday, with the benchmark KSE-100 Index gaining 820 points—a rise of 0.55%, closing at a historic high of 150,591 points.
According to a market note from Topline Securities, the upward momentum was driven by better-than-expected corporate earnings and strong liquidity support from local institutions, pushing the index into uncharted territory. Investor sentiment remained optimistic as market heavyweights received significant inflows, strengthening the market’s positive tone.
Topline highlighted that key contributors to the rally included Systems Limited (SYS), Bank Al Habib (BAHL), National Bank of Pakistan (NBP), MCB Bank, and Bank Alfalah (BAFL)—together accounting for 503 points of the day’s gain.
Despite the bullish close, trading volume dipped, with 667.8 million shares traded, down from 809 million shares in the previous session. Similarly, the total traded value fell to Rs. 40.73 billion from Rs. 48.43 billion.
Out of 487 companies that participated in trading:
- 240 closed with gains
- 216 recorded losses
- 31 remained unchanged
The record-setting performance underscores growing investor confidence and strong institutional participation amid favorable market conditions.
