The Pakistan Stock Exchange (PSX) continued its record-breaking run on Monday. The benchmark KSE-100 Index closed at a new all-time high of 169,456 points, up 1,153 points (0.69%). During the session, the index reached an intraday high of 169,601 points, approaching the historic high of 169,989 points set on October 3, 2025.
Ali Najib, Deputy Head of Trading at Arif Habib Ltd., confirmed the strong momentum. He stated the market closed at a fresh all-time high, driven by positive catalysts.
The key catalyst for the rally was a major macroeconomic development. The International Monetary Fund (IMF) Executive Board approved immediate disbursements totalling $1.2 billion under the Extended Fund Facility (EFF) and Resilience and Sustainability Facility (RSF). This approval significantly reduced near-term economic uncertainty.
Supportive data also bolstered investor confidence. Worker remittances for November 2025 rose 9% year-on-year to $3.19 billion. For the first five months of FY26 (July-November), cumulative inflows reached $16.14 billion, also marking a 9% year-on-year increase.
Pakistan State Oil (PSO) gained Rs 11.06 amid reports that the Economic Coordination Committee (ECC) might approve enhanced profit margins for oil marketing companies (OMCs) and petroleum dealers.
Major index contributors included FFC, LUCK, HBL, PSO, and MLCF, adding a combined 641 points. TRG, OGDC, PTC, NBP, and MEBL collectively deducted 189 points.
Market activity remained robust. Total volume exceeded 1.02 billion shares, with a turnover of Rs 51.1 billion. K-Electric (KEL) led the volume chart with 86.7 million shares traded.
The KSE-100 Index achieved its anticipated new closing high. Analysts suggest renewed buying interest in key exploration & production (E&P) and power sector stocks could provide the necessary momentum for the market to challenge and breach further record levels in the coming sessions. The strong close sets a bullish tone for the near-term trajectory.
