PSX index rises to all-time high of 147,000 points

The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 Index settled at 147,005.32 points, up 75.48 points from the previous close of 146,929.84. During the session, the index climbed to an intraday high of 147,976.98, gaining 1,047.14 points, or 0.71%, before retreating to a low of 146,894.62, reflecting a fall of 35.22 points, or 0.02%, reported 24NewsHD TV channel.

The stock market ended slightly higher on Tuesday after briefly touching an intraday record, with gains supported by strong financial results, institutional buying, and optimism over the finalisation of US investment commitments under the recently signed trade deal.

Stocks closed to new all-time high amid strong financial results and speculations over positive outcome of finer details on US investments under Pak US trade deal.During the opening session of the trading, the PSX’s benchmark index gained 451.37 points or 0.31% to rocket to all-time high of 147,381.21 points, marking a significant surge. As many as 388 companies had transacted their shares in the stock market so far, 259 of them recorded gains and 105 sustained losses, whereas the share prices of 24 companies remained unchanged.

Earlier on Monday, the PSX index had gained 1,547.05 points, or 1.06%, to close at 146,929.84, driven by bullish sentiment in exploration and production (E&P) and banking sectors. 

Some 67 shares rose while 32 fell, with Mari Petroleum (+7.68%), Bank AL Habib (+4.22%) and OGDC (+2.44%) contributing the most to index gains. On the flip side, Engro Fertilisers (-1%), Systems Limited (-0.79%) and Engro Holdings (-0.47%) were the biggest drags, mentioned AHL.

Among corporate results, Mari Petroleum reported FY25 earnings per share (EPS) of Rs54.25, a decrease of 16% year-on-year (YoY), and dividend per share of Rs21.70. Fauji Cement declared FY25 EPS of Rs5.43, an increase of 62% YoY, and dividend per share of Rs1.25.

Meanwhile, Attock Refinery posted FY25 EPS of Rs112.3, down 53% YoY, and dividend per share of Rs10. Lucky Cement reported FY25 EPS of Rs52.53, up 19% YoY, and dividend per share of Rs4.

Reporter: Kawish Memon