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PSX Briefly Tops 175,000 for First Time, Closes Year Off Highs After Record Run

Optimism over a potential UAE stake in Fauji lifted sentiment into year-end.

Overview

  • On December 31, the KSE-100 crossed 175,000 intraday for the first time before reversing on profit-taking to close at 174,054.32, down 0.24% on the day.
  • The prior session set a record close at 174,472.80, with about 851 million shares traded and market capitalization reported near Rs19.69 trillion.
  • Brokerages and officials linked the rally to talks on a prospective UAE equity acquisition tied to the Fauji Group and a related $1 billion rollover, alongside broader privatisation plans.
  • Analysts cited easing inflation, policy-rate cuts, stronger external balances, and IMF support as key pillars of improved risk appetite, with energy, banking and power stocks leading gains.
  • For 2025, the KSE-100 delivered roughly a 51–52% return, while trading volume on the final session rose to about 957 million shares as investors locked in gains.