The Pakistan Stock Exchange (PSX) continued its record-setting rally on Tuesday smashing through 165,000 mark amid improving market sentiments as the Asian Development Bank (ADB) forecasts economic growth despite flood-related challenges, reported 24NewsHD TV channel.
At one time, the index soared by over 2,500 points topping 166,000 mark, but profit-taking ate up few hundred points amid brisk trading.
As the close of business, the PSX’s benchmark KSE-100 index gained 1m645,90 points to reach 165,493.58 points, marking a change of 0.99 percent.
As many as 488 companies transacted their shares in the stock market today; 176 recorded gains and 288 sustained losses, whereas the share prices of 24 remained unchanged.
According to the Asian Development Outlook (ADO) September 2025, ADB’s annual flagship economic publication, Pakistan’s growth is projected to continue in the medium term, with real gross domestic product (GDP) growth forecast at 3.0% in FY2026 as macroeconomic stability deepens through sustained reforms addressing structural vulnerabilities.
It acknowledged that economic reform has progressed considerably under the IMF Extended Fund Facility arrangement that began in October 2024. Policy consistency and climate resilience remain vital to maintaining the growth momentum. Downside risks to the outlook remain high.
On Monday, the PSX had gained 1,590.68 points, an increase of 0.98 percent, closing at 163,847.69 points.
A total of 1,285,638,674 shares valuing Rs.65.768 billion were traded during the day as compared to 1,714,917,163 shares valuing Rs.70.744 billion on the last trading day.
As many as 482 companies transacted their shares in the stock market; 235 recorded gains and 216 sustained losses, whereas the share prices of 31 remained unchanged.
The three top trading companies were WorldCall Telecom with 118,937,336 shares at Rs.1.82 per share, followed by K-Electric Limited with 78,201,486 shares at Rs.7.15 per share, and Hascol Petrol with 63,522,783 shares at Rs.13.67 per share.
The top gainers were Rafhan Maize Products Company Limited, share prices of which increased by Rs293.03 to close at Rs10,799.13, and Sapphire Fiber Limited, which rose by Rs115.43 to close at Rs1,269.70.
The major losers were Unilever Pakistan Foods Limited, which declined by Rs1,807.70 to close at Rs30,500.31, and PIA Holding Company LimitedB, which fell by Rs1,404.97 to close at Rs25,284.63.
Reporter Kavish Memon