The Pakistan Stock Exchange (PSX) achieved a historic milestone on July 18, 2025, as the KSE-100 Index surged past the 140,000-point mark during early trading, driven by robust institutional buying and positive economic sentiment. By mid-morning, the index reached 140,386.37, reflecting a gain of 1,720.88 points or 1.24%. Key sectors such as automobile assemblers, commercial banks, oil and gas exploration, and oil marketing companies led the rally, with major stocks like MARI, OGDC, PPL, POL, and UBL trading strongly.
Market analysts attribute this surge to improved macroeconomic indicators, including a low inflation rate of 4.9% in November 2024, the lowest since May 2018, and expectations of a potential interest rate cut by the State Bank of Pakistan. Social media posts on X highlight strong investor confidence, with some crediting government policies for fostering economic stability. The bullish momentum follows a consistent upward trend, with the index gaining 2,285 points the previous day to close at 138,665.50.
Despite global concerns over U.S. tariff policies, the PSX remains resilient, supported by local mutual fund inflows and optimism surrounding upcoming corporate earnings. Analysts predict continued growth, though periodic profit-taking may lead to market consolidation.
Published in SouthAsianDesk, July 18th, 2025
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