PSX Closes at Record High Near 181,000 as Bull Rally Continues
The benchmark KSE-100 Index extended its record-setting rally, settling at 180,771.69, up by 378.72 points or 0.21% after crossing the 181,000 mark earlier in the session to touch an intraday high of 181,357 points. The market's positive momentum came on the heels of Tuesday's historic surge, when the index had skyrocketed by 3,353 points, or 1.89%, to close at 180,392 , breaching the 180,000 psychological barrier for the first time since February
nvestor sentiment continued to be driven by multiple factors. The State Bank of Pakistan's recent decision to keep the policy rate unchanged at 11.5% has encouraged investors to favor banking and cyclical stocks. In a key development, Pakistan's current account posted a massive surplus of $459 million in May 2026, further strengthening confidence in the external sector /a>. Additionally, easing regional tensions — particularly reports of a potential peace memorandum between the US and Iran — and expectations of lower global oil prices have bolstered the inflation outlook
Buying was observed across key sectors, including cement, chemicals, fertilizers, oil and gas exploration companies, OMCs, and power generation /a>. Heavyweight stocks such as ARL, MARI, OGDC, PPL, HBL, and ABL traded in the green, contributing significantly to the index's upward trajectory. Trading activity remained strong, with broad-based participation reflecting sustained confidence in the market's near-term prospects.
Analysts expect the positive momentum to continue in the coming sessions, supported by a stable interest-rate environment and improving macroeconomic conditions. However, they have also cautioned that intermittent profit-taking may emerge following the market's recent strong gains. The PSX will remain closed on June 25-26 for the Ashura holidays.