The Pakistan Stock Exchange (PSX) continued its bullish streak on Monday, with the benchmark KSE-100 Index climbing 1,018 points or 0.72% to close at an all-time high of 142,098 points.

Investor optimism was driven by a mix of strong corporate signals and macroeconomic cues.

Key among them was Oil & Gas Development Company (OGDC) receiving its first Term Finance Certificate (TFC) interest payment of Rs7.7 billion, alongside expectations of solid performance in the cement sector, which helped set the tone for the day.

According to Ahsan Mehanti, Director at Arif Habib Corp, “Stocks reached a new all-time high amid speculations ahead of major earnings announcements due this week. The cement sector outperformed amid reports of record cement dispatches in July 2025, surging by 30 per cent year-on-year.”

He added, “Strong financial results, the favourable US tariff deal, rupee stability, the government’s resolve to end the power sector’s circular debt crisis, and thin inflation data for July 2025 all played a catalytic role in today’s bullish close.”

Leading positive contributors to the index included LUCK, BAHL, HBL, HUBC, and SYS, which collectively added 716 points. Meanwhile, PKGP, ENGROH, and PPL trimmed 134 points from the overall gain.

Topline Securities noted that market participation remained strong, with total traded volume reaching 663 million shares and turnover at Rs42 billion. CNERGY led the volume chart with 53 million shares traded.

Last week, the PSX concluded on a historic note, with the KSE-100 Index closing at an all-time high of 141,035 points, reflecting a 1.3% increase on a weekly basis.

The index also achieved a new intraday record of 141,161 points, showcasing a remarkable turnaround in market sentiment driven by improved trade relations with the United States and renewed confidence in Pakistan’s macroeconomic outlook.