The Pakistan Stock Exchange (PSX) surged to a record high on Wednesday, with the benchmark KSE‑100 Index breaking past the 130,000 mark during intra‑day trade, settling at approximately 130,123 points, up 1.5% from the previous close of 128,199.42 tribune.com.pk+9tribune.com.pk+9tribune.com.pk+9.
Key highlights:
-
The intraday session ranged between 128,616 and 130,137 points, with total traded value reaching PKR 19.21 billion across over 220 million shares tribune.com.pk.
-
The rally builds on Tuesday’s strong performance, when the index climbed another 2,300 points to close at 127,927.49, marking three consecutive bullish sessions tribune.com.pk.
-
PSX emerged as Asia’s top-performing equity market in FY25, delivering an impressive 60% return in local currency, outperforming markets such as China (16%) and India (6%) thenews.com.pk+3tribune.com.pk+3tribune.com.pk+3.
-
Analysts attribute the surge to sharply falling inflation, confidence in structural reforms, and ongoing monetary easing, highlighting Pakistan’s undemanding valuation with a price-to-earnings ratio around 6.3×, far below regional averages tribune.com.pk.
With inflation easing and economic indicators showing promise, investor sentiment remains upbeat. However, experts caution that the market’s low valuation suggests room for correction, making a buy-on-dips strategy advisable for long-term investors.