Buying momentum continued on the Pakistan Stock Exchange (PSX) on Monday, with the benchmark KSE-100 Index closing at a new record high, up by nearly 1,500 points.
According to sources, the market opened with strong gains, investors were active, and buying continued throughout the session. At one point during trading, the KSE-100 Index reached an intraday record high of 174,411.72 points.
Later, a profit-taking trend emerged, pushing the index down to an intraday low of 173,200 points. However, this decline did not last long as renewed buying supported the market, and trading continued within a limited range for the rest of the session. By the close, the KSE-100 Index had gained 1,495.61 points, or 0.87%, to finish at 173,896.34 points.
Market analysts attributed the upward trend to expected investment from the UAE. Deputy Prime Minister and Foreign Minister Senator Ishaq Dar had stated on Saturday that the UAE would acquire shares of the Fauji Foundation as part of bilateral economic cooperation.
Meanwhile, Finance Advisor Khurram Shehzad said that during the past year, the Pakistan Stock Exchange delivered over 50% returns in US dollar terms, making it one of the best-performing markets in Asia. He added that investor participation is rising rapidly, with the number of equity investors surpassing 450,000—an increase of over 120,000 investors in just 18 months.
He noted that this record level reflects growing investor confidence, supported by continued macroeconomic stability, key reforms, and better prospects for more sustainable and higher growth in the future.
