The Pakistan Stock Exchange (PSX) closed at an all-time high on Friday, buoyed by investor confidence in the recently approved federal budget for FY26 and encouraging economic signals.
The benchmark KSE-100 index jumped 2,332.60 points, or 1.91%, to settle at 124,379, as bulls dominated the trading floor.
“The market rebounded strongly from Thursday’s brief profit-taking phase, with bullish momentum prevailing throughout the session,” said Ali Najib, Deputy Head of Trading at Arif Habib Ltd.
Institutional investors led the charge amid portfolio rebalancing, optimistic fiscal outlook, and solid macroeconomic indicators.
RDA Inflows Strengthen External Account Confidence
Investor sentiment was further strengthened by a surge in Roshan Digital Account (RDA) inflows, which reached $10.38 billion by May 2025. Monthly inflows rose 13% to $201 million, while the total number of RDA accounts climbed to 823,224, boosting confidence in Pakistan’s external financing position.
Major Contributors & Trading Activity
Top-performing stocks included:
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Fauji Fertiliser Company
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Lucky Cement
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Meezan Bank
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Pakistan Oilfields
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Engro Holdings
These stocks collectively contributed 866 points to the day’s rally.
Market breadth remained strong, with 773 million shares traded worth Rs37.6 billion. Bank Makramah led the volume chart with 79.7 million shares changing hands.
Dynea Pakistan to Launch 1.1MW Captive Wind Power Project in Hub
Over the week, the KSE-100 posted a 3.63% gain, equivalent to 4,356 points over five sessions.
Outlook: Can 130,000 Be the Next Target?
After opening at 118,272, the index touched a high of 125,285 and a low of 115,887, decisively breaking the 120,000 psychological barrier.
Market analysts believe that sustained movement above the 122,000 level could pave the way for a fresh rally toward the 130,000 mark, powered by strong investor confidence and improving macroeconomic fundamentals.
