The buying rally continued at the Pakistan Stock Exchange (PSX) on Tuesday, with strong corporate results driving investor confidence and attracting robust participation, pushing the benchmark KSE-100 Index to a new record high.
The index surged to an intra-day high of 157,088.80, before closing at 156,563.52, an increase of 476.22 points, or 0.31%.
In a significant development, Pakistan and the United States signed a $500 million memorandum of understanding (MoU) to strengthen cooperation in the critical minerals sector, marking a step towards deeper economic and strategic ties between the two nations. The MoU was signed between US Strategic Metals (USSM) and Pakistan’s Frontier Works Organisation (FWO) at the Prime Minister’s House on Monday.
Additionally, data from the State Bank of Pakistan (SBP) revealed that Pakistan’s overseas workers’ remittances stood at $3.1 billion in August 2025, a positive contribution to the country’s economy.
The PSX opened the week with strong bullish momentum, closing at an all-time high on Monday with the KSE-100 index rising by 1,810 points, or 1.17%, to close at 156,087.31 points.
The Pakistani rupee also maintained its positive momentum against the US dollar, appreciating to 281.61 in the inter-bank market on Tuesday, marking its 23rd consecutive gain.
Trading volume on the all-share index decreased to 1,068.52 million shares from 1,126.27 million in the previous session, while the value of shares traded declined to Rs55.19 billion from Rs62.29 billion.
K-Electric Ltd. led the volume with 169.61 million shares, followed by B.O.Punjab and WorldCall Telecom.
On the gainers’ side, Hoechst Pakistan Limited rose by Rs73.65, closing at Rs4,094.15, while Bhanero Textile Mills Limited gained Rs44.10 to settle at Rs1,000.00. On the other hand, PIA Holding Company Limited-B fell by Rs343.50 to Rs24,656.50, and Unilever Pakistan Foods Limited shed Rs182.75 to close at Rs32,317.25.
Shares of 478 companies were traded, with 154 gaining, 291 declining, and 33 remaining unchanged.