KSE-100 hits record high of 120,668

May 22, 2025 (MLN):  The Pakistan Stock Exchange continued its bullish momentum on Thursday, with the benchmark KSE-100 Index soaring to a new all-time high of 120,668.42 during intraday trade, reflecting a gain of 736.97 points at 10:19 AM.

Currently, the index stood at 120,551.51, up 620.06 points or 0.52%, maintaining a positive trajectory throughout the session.

Investor sentiment remained upbeat, driven by easing geopolitical concerns and renewed confidence in Pakistan’s economic outlook under the ongoing IMF program.

The consistent buying interest across key sectors suggested optimism over macroeconomic stability and fiscal reforms.

Market observers believe the recent rally stems from relief over regional tensions and expectations of policy continuity.

With the IMF-backed budget deal likely to boost pro-growth sectors, the index may maintain its upward trend.

Top gainers are POML (+10.00%), SYS (+7.16%), GADT (+5.08%), BNWM (+4.80%), and RMPL (+4.18%).

On the other hand, top losers are PSEL (-4.83%), CNERGY (-1.64%), ABOT (-0.93%), ATRL (-0.68%), and AGL (-0.64%).

In terms of index-point contributions, companies that propped up the index were SYS (+245.63pts), UBL (+108.96pts), FFC (+72.32pts), NBP (+42.63pts), and HUBC (+19.52pts).

Meanwhile, companies that dragged the index lower were PSEL (-38.05pts), ENGROH (-36.70pts), OGDC (-22.82pts), PPL (-12.29pts), and BAHL (-9.26pts).

Sector-wise, KSE-100 Index was supported by Technology & Communication (+283.55pts), Commercial Banks (+186.79pts), Fertilizer (+71.98pts), Cement (+24.12pts), and Food & Personal Care Products (+24.06pts).

While the index was let down by Inv. Banks / Inv. Cos. / Securities Cos. (-37.03pts), Miscellaneous (-33.66pts), Oil & Gas Exploration Companies (-21.99pts), Refinery (-12.35pts), and Automobile Parts & Accessories (-2.96pts).

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