{"id":13584,"date":"2025-07-14T09:04:12","date_gmt":"2025-07-14T09:04:12","guid":{"rendered":"https:\/\/ipp-news.com\/?p=13584"},"modified":"2025-07-14T09:04:12","modified_gmt":"2025-07-14T09:04:12","slug":"bull-run-continues-as-psx-breaks-intra-day-record-again","status":"publish","type":"post","link":"https:\/\/ipp-news.com\/?p=13584","title":{"rendered":"Bull run continues as PSX breaks intra-day record again"},"content":{"rendered":"<div>The Pakistan Stock Exchange (PSX) broke yet another historic record on Monday, as the benchmark KSE-100 index surged past the 136,000-point mark during intra-day trading, the second milestone crossed within the same session, briefly touching 136,140.87 points.<\/p>\n<p>The index rose by 1,540.11 points, or 1.15%. At the time of reporting, the current index stood at 135,839.87.<\/p>\n<p>Intra-day trading saw the index peak at 136,140.87 points, surpassing the earlier record of 135,521.84 set earlier the same day. The day\u2019s low remained at 134,937.43.<\/p>\n<p>The market witnessed a sharp increase in trading volume, with 151.4 million shares exchanged, indicating heightened investor activity.<\/p>\n<p>The total traded value nearly doubled to Rs12.47 billion, up from Rs6.33 billion in the earlier session update.<\/p>\n<p>The index had already crossed the psychological barrier of 135,000 points earlier in the day for the first time in history,<\/p>\n<p>Prime Minister Shehbaz Sharif expressed satisfaction over the PSX crossing the historic 135,000-point mark, calling it a reflection of the business community\u2019s confidence in the national economy.<\/p>\n<p>In a statement, the prime minister said the current positive economic indicators demonstrated that the government\u2019s policies were heading in the right direction.<\/p>\n<p>He emphasised that providing a supportive environment for the business community remains a top priority for his administration.<\/p>\n<p>PM Shehbaz added that Pakistan had entered a phase of economic growth after achieving stability, and reaffirmed the government\u2019s commitment to national development and public welfare.<\/p>\n<p>Earlier in the week, the KSE-100 index of the PSX surged 2,351 points, or +2% week-on-week (WoW), to close at 134,300, marking a second week of gains driven by a strong earnings outlook, record remittances and positive macro news.<\/p>\n<p>Major boosts came from a US-Pakistan trade deal, $2 billion investment from Azerbaijan and rising Panda bond expectations.<\/p>\n<p>The State Bank&#8217;s foreign currency reserves hit a 39-month high of $14.5 billion.<\/p>\n<p>Among FY25 highlights were remittances hitting $38.3 billion (+27%), auto sales higher by 43% and early retiring of Rs1.5 trillion worth of debt. Analysts see continued momentum with room for profit-taking.<\/p>\n<p>The index trades at a 6.8x forward price-to-earnings ratio, offering a 7.4% dividend yield.<\/p>\n<p>Top picks include OGDC, Pakistan Petroleum, Meezan Bank, MCB Bank, PSO, Hubco and Systems Limited.<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Pakistan Stock Exchange (PSX) broke yet another historic record on Monday, as the benchmark KSE-100 index surged past the 136,000-point mark during intra-day trading, the second milestone crossed within the same session, briefly touching 136,140.87 points. The index rose by 1,540.11 points, or 1.15%. At the time of reporting, the current index stood at [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[],"class_list":["post-13584","post","type-post","status-publish","format-standard","hentry","category-english-news"],"_links":{"self":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/13584","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=13584"}],"version-history":[{"count":0,"href":"https:\/\/ipp-news.com\/index.php?rest_route=\/wp\/v2\/posts\/13584\/revisions"}],"wp:attachment":[{"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=13584"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=13584"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ipp-news.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=13584"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}