PSX smashes through 179,000 as bulls stay firmly in control

PSX isn’t just keeping up — it’s outperforming most regional markets.

For the third consecutive year, KSE-100 delivered double digit returns, making Pakistan's stock market as one of the best performing markets globally. pic.twitter.com/9Kk2E1v4HF

The rally was once again driven by domestic institutional buying, with broad-based participation across blue-chip stocks, reinforcing the prevailing positive trend, said Ali Najib, Deputy Head of Trading at Arif Habib Ltd.

On the macro front, SPI for the week increased 2.41% YoY, while declining 0.67% WoW. Meanwhile, PBS data showed Pakistan recorded a trade deficit of USD 3.7bn in Dec’25. Exports declined to USD 2.3bn (-20.4% YoY, -4.3% MoM), whereas imports rose to USD 6.0bn (+2.0% YoY, +13.5% MoM).

On the corporate side, the government is likely to impose a levy of up to 5% on imports of mobile phones and electronic devices under the proposed 2026–33 policy, which is positive for local assemblers, particularly AIRLINK, which closed up 1.21%.

Read: Electricity consumers given Rs8.35 per unit relief in 2025, Power Division claims

Key contributors to the day’s rally were UBL, EFERT, ENGROH, PPL, and OGDC, collectively adding 1,535 points to the index.

Total market volume and value stood at 1.1bn shares and approximately PKR 62bn, respectively.

PSX wrapped up the week on a strong note, posting a gain of 6,634 points, or 3.85%. The KSE-100 Index opened at 173,200, touched a weekly high of 179,468, and recorded a low of 173,200 during the week. The benchmark eventually settled at 179,035.

PSX sailed past 177k, 178k, and 179k in a single session as the strong bullish trend remained firmly intact, supported by improving macroeconomic indicators and expectations of stronger corporate earnings in the coming weeks.

175k still stands as the immediate support level, should any corrective move emerge around current levels.