KARACHI: The Pakistan Stock Exchange (PSX) continued its remarkable upward trajectory on Thursday, with the benchmark index reaching an unprecedented all-time high.
The trading session began on a strong note, with the KSE-100 index gaining 454 points to hit a record-breaking 186,973. The bullish momentum persisted as the index climbed 605 points, crossing the 187,124 mark. Despite brief bouts of selling pressure during the day, revived investor confidence propelled the index higher by 856 points, setting a new milestone at 187,374.
The PSX has been experiencing a sustained bullish trend throughout the current trading week, breaching several critical psychological milestones and consistently setting new records.
In tandem with the market’s performance, mutual fund investment in the Pakistan Stock Exchange has soared to its highest level in a decade. According to data from the National Clearing Company of Pakistan Limited (NCCPL), robust mutual fund activity has significantly contributed to the record-breaking surge in the KSE-100 index. NCCPL reports indicate that mutual funds have made net purchases amounting to $298 million.
Additionally, mutual funds have invested approximately 84 billion rupees in local currency, marking one of the largest equity market inflows since 2016, and notably recorded during 2025. The data suggests a shift in mutual fund investments from traditional instruments like bank deposits and bonds toward equities.
Market analysts believe that persistently low interest rates in the country could continue to support mutual funds’ growing preference for the equity market, sustaining this upward trend.
