KARACHI — Trading at the Pakistan Stock Exchange (PSX) opened the new fiscal year on a bullish note, with the benchmark KSE-100 Index setting a fresh record high on Monday. Positive sentiment carried the index to an intra-day peak of 133,862.01 before closing at 133,370.14, up by 1,421.08 points or 1.08%.
The rally was broad-based, with notable activity in sectors such as automobile assemblers, commercial banks, oil and gas exploration, oil marketing companies, and refineries. Major gainers included index-heavy stocks like Attock Refinery Limited (ARL), Hub Power Company (HUBCO), Pakistan State Oil (PSO), Sui Southern Gas Company (SSGC), Engro Fertilizers (EFERT), MCB Bank, Meezan Bank (MEBL), and United Bank Limited (UBL).
This marks a strong start to FY26, coming on the heels of a 6.1% weekly gain that pushed the index above the 130,000 level for the first time. The KSE-100 had closed the previous week at 131,949 points.
According to Arif Habib Limited, the benchmark index posted a 60.15% return in FY25, outperforming all major asset classes over the period.
