The benchmark KSE-100 index extended its bullish run in the new year to a fresh record, gaining nearly 4% on a week-on-week basis, as strength in banking, energy and fertiliser stocks drove broad-based participation, according to market analysts.<\/p>\n
On a day-on-day basis, the Pakistan Stock Exchange (PSX) recorded another robust session on Monday, with the KSE-100 index closing at a new all-time high of 173,896, marking a gain of 1,496 points (+0.87%).<\/p>\n
The bourse continued its positive momentum as the index closed on a strong note on Tuesday at a fresh all-time high of 174,472, gaining 576 points, as bullish momentum remained intact throughout the session.<\/p>\n
On Wednesday, the PSX signed off a standout 2025 on a historic note, during which the KSE-100 soared to unprecedented highs above the 174,000 mark. On the last day of the year, however, the market registered a modest correction, falling 418 points, or 0.24%, to settle at 174,054.<\/p>\n
Next day, the new year kicked off on a strong note as the index gained 2,301 points (+1.32%), reflecting continued investor optimism, and closed the day at 176,355. The PSX continued to witness strengthened bullish momentum on Friday as the KSE-100 closed at 179,035, up 2,679 points (+1.52%).<\/p>\n
Arif Habib Limited (AHL) noted that the KSE-100 index climbed from 172,401 last week to 179,035 this week, surging 6,634 points (+3.9% WoW), supported by year-opening buying interest.<\/p>\n
GDP growth in 1QFY26 clocked in at 3.71%, improving from 1.56% in 1QFY25 but moderating from 6.17% in 4QFY25, driven by robust industrial growth of 9.4%, alongside agricultural and services expansion of 2.9% and 2.4%, respectively.<\/p>\n
During Dec’25, oil marketing companies’ (OMC) sales rose 6% YoY to 1.35 million tons, although volumes declined 5% MoM. On a cumulative basis, 1HFY26 OMC offtake reached 8.16 million tons, reflecting a 2% YoY increase, said AHL.<\/p>\n
Overall refinery sales edged up 0.9% YoY in Dec’25, supported by stronger motor spirit and furnace oil offtake, which offset weaker high-speed diesel demand. Diesel sales fell 8.6% YoY to 396k tons, likely due to higher OMC imports amid a declining price environment and heightened cross-border tensions. In contrast, furnace oil sales increased 11.1% YoY to 227k tons, primarily fuelled by higher refinery exports, albeit at a loss.<\/p>\n
The price of motor spirit declined Rs10.28\/litre to Rs253.17\/litre, reflecting a Rs11.09\/litre reduction in the ex-refinery price, alongside a Rs0.81\/litre increase in the inland freight equalisation margin (IFEM).<\/p>\n
The price of high-speed diesel fell Rs8.57\/litre to Rs257.08\/litre, following a Rs9.59\/litre cut in the ex-refinery price and a Rs1.02\/litre increase in IFEM.<\/p>\n
The Consumer Price Index (CPI) for Dec’25 clocked in at 5.6% YoY compared to 6.1% in Nov’25. The State Bank-held reserves rose by $12.6 million to $15.9 billion, while commercial bank reserves fell $23 million to $5.1 billion, added AHL.<\/p>\n
Syed Danyal Hussain of JS Global noted that the KSE-100 extended its bullish run into the new year, closing at a record 179,034 points, up 4% WoW. The weekly rally was broad-based, led by banks (45% contribution), followed by exploration & production (18%) and fertiliser (13%). Market activity strengthened, with average daily turnover rising 41% WoW.<\/p>\n
Pakistan’s economy expanded 3.71% in 1QFY26, according to the National Accounts Committee, driven primarily by a 9.38% YoY increase in industrial output, alongside agriculture (+2.89%) and services (+2.35%). In another positive development, the CPI clocked in at 5.6% for Dec’25, a 0.5% MoM decline, he said.<\/p>\n
On the external front, the trade deficit widened to $3.7 billion in Dec’25, up 24% YoY, largely reflecting a 20% drop in exports, while imports edged up 2%. This took the cumulative 1HFY26 trade deficit to $19.2 billion, an increase of 35% YoY.<\/p>\n
At the corporate level, PTCL completed the acquisition of Telenor Pakistan and Orion Towers, marking a key consolidation move in the telecom sector. Meanwhile, forex reserves remained steady, with the State Bank reporting reserves of $15.91 billion, added Hussain.<\/p>\n","protected":false},"excerpt":{"rendered":"
The benchmark KSE-100 index extended its bullish run in the new year to a fresh record, gaining nearly 4% on a week-on-week basis, as strength in banking, energy and fertiliser stocks drove broad-based participation, according to market analysts. On a day-on-day basis, the Pakistan Stock Exchange (PSX) recorded another robust session on Monday, with the …<\/p>\n","protected":false},"author":1,"featured_media":652,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-649","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=\/wp\/v2\/posts\/649","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=649"}],"version-history":[{"count":1,"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=\/wp\/v2\/posts\/649\/revisions"}],"predecessor-version":[{"id":653,"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=\/wp\/v2\/posts\/649\/revisions\/653"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=\/wp\/v2\/media\/652"}],"wp:attachment":[{"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=649"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=649"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistantimesusa.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=649"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}