Particle.news
Download on the App Store

PSX Sets Fresh Intraday Record Above 187,000 as New Year Rally Accelerates

Optimism about monetary easing drew fresh domestic buying into bank stocks.

Overview

  • The KSE-100 touched a new intraday peak of 187,015.11 on Wednesday, after Tuesday’s record close at 185,062.11.
  • Tuesday’s session featured an intraday high of 185,481 and all-share volumes near 1.3 billion shares with traded value around Rs85.3 billion.
  • Banks led broad gains alongside cement, fertiliser, and energy names, with institutions and mutual funds cited as key buyers.
  • United Bank Limited overtook OGDC as the largest listed firm by market value, with market capitalisation reported above Rs1.27–1.29 trillion in coverage.
  • Clearing data showed foreign investors were net sellers of roughly Rs3.2 billion on Monday, while a later report cited about Rs1.1 billion in net foreign buying on Tuesday.