The Pakistan Stock Exchange (PSX) concluded Wednesday’s trading session with a powerful surge, as the benchmark KSE-100 Index closed at an all-time high of 124,352.68 points. The index registered a remarkable gain of 2,328.24 points, reflecting a 1.91% rise compared to the previous closing.
The day remained firmly in the green zone as the index demonstrated strong bullish momentum throughout the session. It touched an intraday high of 124,588.17 points, gaining as much as 2,563.73 points at one stage, while the lowest point of the day stood at 123,237.99—still up by 1,213.55 points. This performance continues the upward trajectory initiated after the unveiling of the FY2025-26 federal budget.
Trading volume on the KSE-100 Index was also significantly high, with a total of 332.58 million shares changing hands, signaling broad-based investor participation and positive sentiment in the market.
Out of the 100 companies included in the index, 75 ended the session with gains, 24 recorded losses, and 1 remained unchanged. The top performers of the day included PKGP, which hit its upper circuit with a 10.00% gain, followed by BNWM at 9.76%, PIOC at 8.05%, MLCF at 7.40%, and PSX itself, rising by 6.92%.
On the downside, the notable laggards were FCEPL, which lost 7.05%, ATLH dropping 4.81%, POML down by 4.14%, CNERGY at -3.61%, and UNITY declining by 3.00%.
In terms of contribution to the index, LUCK led the charge with a rise of 244.71 points, followed by FFC adding 203.88 points, PPL with 199.10 points, ENGROH contributing 156.57 points, and MARI adding 148.56 points to the overall gain. On the losing side, ATLH shaved off 22.02 points from the index, with ATRL, FCEPL, CNERGY, and COLG also making slight negative contributions.
Sector-wise, the rally was powered primarily by Cement, which alone contributed 576.42 points to the index. Other significant contributors included Oil & Gas Exploration Companies (468.23 points), Commercial Banks (305.08 points), Fertilizer (284.96 points), and Investment Banks and Securities Companies (187.29 points).
Sectors that saw negative pressure included Refinery (-32.79 points), Food & Personal Care Products (-31.23 points), Automobile Parts & Accessories (-5.72 points), Sugar & Allied Industries (-2.35 points), and Vanaspati & Allied Industries (-1.05 points).
The broader market echoed the KSE-100’s bullish trend, with the All-Share Index closing at 77,327.80 points after gaining 1,167.03 points or 1.53%. Market-wide volume was impressive at 1.041 billion shares, significantly up from the previous session’s 592.95 million. The traded value stood at Rs46.71 billion, marking a Rs24.88 billion increase.
The stellar performance indicates renewed investor confidence in the post-budget environment, with favorable macroeconomic indicators and stable fiscal policies expected to sustain market momentum in the near term.