PSX Extends Record Rally for Seventh Straight Session

Sep 11, 2025 | Current Affairs, Economy

KARACHI, Sept. 11: The Pakistan Stock Exchange (PSX) on Wednesday extended its record-setting streak to a seventh consecutive session, with the benchmark KSE-100 index closing at an all-time high of 157,020.80 points, Sept. 11, 2025.

The index gained 457.27 points, or 0.29 percent, after fluctuating between a high of 915 points and a low of 484 points earlier in the day. Strong investor interest in market heavyweights, including Engro Fertilisers, Pakistan Petroleum Ltd., and Mari Energies, added 363 points, offsetting losses from Engro Holdings and Habib Bank Ltd., which weighed down the market by 316 points.

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Despite the bullish sentiment, analysts noted that Pakistan’s broader economic outlook remains under pressure due to flood-related disruptions, which have intensified supply shocks, threatened agriculture and infrastructure, and heightened fiscal challenges.

On the corporate front, Interloop Ltd. announced earnings per share of Rs3.96 for FY25, along with a Re1 cash dividend, surpassing market expectations. Trading activity, however, slowed, with volumes declining by 6.76 percent to 996.27 million shares and value dipping 4.46 percent to Rs52.7 billion.

Ali Najib, deputy head of trading at Arif Habib Ltd., said while momentum remained positive, profit-taking and cautious trading are likely to continue. The firm’s survey also projected that the State Bank of Pakistan would maintain the policy rate at 11 percent this month in view of inflationary and external pressures compounded by flood damages.

Market experts expect volatility and consolidation in the coming days, with the KSE-100 likely to trade between the 155,000 and 157,000 levels, while 154,000 is seen as a support zone.