Pakistan stock market closes at record high near 150,000 points on institutional buying
ISLAMABAD: Pakistan’s stock market closed at a record high on Tuesday, with the benchmark KSE-100 Index ending the session at 149,771 points as strong institutional inflows powered gains in banking and cement shares, according to brokerage Topline Securities.
The index rose as much as 2,127 points to touch an intraday high of 150,323 before paring gains to close up 1,572 points, or 1.06 percent. Index heavyweights Bank AL Habib Ltd. (BAHL), United Bank Ltd. (UBL), Lucky Cement Ltd. (LUCK), Meezan Bank Ltd. (MEBL), and Engro Corporation Ltd. (ENGRO) collectively contributed 1,306 points to the rally.
“The bullish momentum from previous sessions continued, driven by strong institutional inflows— particularly in the banking and cement sectors,” Topline said in its market review.
The brokerage added that “cement sales are gaining momentum in August 2025, and earnings could exceed expectations.”
