The Pakistan Stock Exchange (PSX) experienced a significant rebound on Thursday, fueled by renewed investor confidence after a record current account surplus of $1.2 billion for March 2025.
The benchmark KSE-100 Index surged by 881.03 points, or 0.76%, closing at 116,901.13 points. During the session, the index reached an intraday high of 117,216.03 points.
Despite a slight decrease in daily trading volume to 408 million shares from 482 million in the previous session, market capitalization rose by Rs100 billion to Rs14.293 trillion. Out of 455 active stocks, 212 closed in the positive while 172 declined.
Analysts attributed the market’s upward momentum to the historic remittances contributing to the current account surplus, alongside favorable economic indicators and a recent upgrade in Fitch Ratings.
The rally was also supported by a rise in cement prices, which bolstered investor interest in that sector. Key contributors to the index’s performance included major stocks like UBL, PSO, and MLCF.
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The BR Indexes also showed positive trends, with the BRIndex100 closing up by 1.07% and the BRIndex30 gaining 1.27%.
The session concluded on a bullish note, reflecting strong investor sentiment and optimism about the economic outlook.
