Pakistan Stock Exchange continued its record-breaking rally, closing at an all-time high of 186,518, as strong investor confidence and rising liquidity pushed the benchmark index firmly into the green during a highly bullish session.
According to Topline Securities, the market witnessed a buoyant day with the index touching an intraday high of 1,953 points, while profit-taking stayed limited, and the intraday low was contained at 165 points. Analysts say the controlled selling pressure reflects sustained confidence in equities despite elevated levels.
Market optimism has decisively carried into 2026, with the PSX gaining 12,464 points, or 7.2 percent, in the first five trading sessions of the year. The rally is being driven by a clear shift in asset allocation from fixed-income instruments to equities as returns on traditional savings avenues decline. As a result, the average daily traded value has surged to a 20-year high of Rs. 86.6 billion, while total market capitalization has expanded to a record Rs. 21 trillion.
A market analyst noted that sustained liquidity and improving sentiment are supporting higher valuations, keeping the index on a strong upward trajectory.
Index-heavy stocks, including HUBC, PPL, ENGROH, MCB, and MEBL led the advance, jointly adding around 766 points. Trading activity remained vibrant with 1.316 billion shares exchanged and total turnover reaching Rs. 86.1 billion. K-Electric dominated volumes, with nearly 77.8 million shares traded, underlining strong retail and institutional participation.