The Pakistan Stock Exchange (PSX) soared to a record high on July 10, 2025, with the KSE-100 Index surging 1,205 points, or 0.91%, to close at 133,782.35, driven by strong investor confidence and anticipation of robust corporate earnings. The rally saw the index reach an intraday peak of 134,452.33, supported by broad-based buying across key sectors like banking, cement, and textiles. Trading volumes jumped to 941.7 million shares, with a traded value of Rs36 billion, reflecting heightened market activity.
Investor optimism was fueled by record-high remittances of $38 billion for fiscal year 2024–25, bolstered by government policies promoting official remittance channels. Nishat Mills Limited led gains in the textile sector, with analysts maintaining a bullish outlook, projecting a target price of Rs225 by June 2026. Positive macroeconomic indicators, including a stable rupee and easing inflation, further supported the market’s upward trajectory. However, concerns over potential U.S. tariff hikes introduced some caution, as global trade tensions linger.
The KSE-100’s performance reflects Pakistan’s improving economic landscape, with analysts attributing the bull run to strong fundamentals and expectations of lower interest rates. Despite global uncertainties, the PSX remains a bright spot, with 63 stocks advancing and 34 declining, signaling sustained market resilience.
Published in SouthAsianDesk, July 11th, 2025
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