{"id":2614,"date":"2025-06-10T13:28:11","date_gmt":"2025-06-10T08:28:11","guid":{"rendered":"https:\/\/youdigital.pk\/en\/?p=2614"},"modified":"2025-06-10T13:01:57","modified_gmt":"2025-06-10T08:01:57","slug":"psx-hits-record-highs-with-historic-gains-in-fy25","status":"publish","type":"post","link":"https:\/\/youdigital.pk\/en\/2025\/06\/10\/psx-hits-record-highs-with-historic-gains-in-fy25","title":{"rendered":"PSX Hits Record Highs with Historic Gains in FY25"},"content":{"rendered":"<p data-start=\"137\" data-end=\"652\"><strong>ISLAMABAD: The Pakistan Stock Exchange (PSX) delivered a historic performance in FY25, marking it as one of the best-performing stock markets globally.<\/strong><\/p>\n<p data-start=\"137\" data-end=\"652\">According to the Economic Survey 2024-25, the KSE-100 index surged by 50.2% during July\u2013March, climbing from 78,445 to 117,807 points.<\/p>\n<p data-start=\"137\" data-end=\"652\">The index reached its peak of 118,770 on March 20, 2025, and as of June 5, it had further climbed 54.3% to 121,641 points.<\/p>\n<p data-start=\"137\" data-end=\"652\">This rally boosted market capitalisation by 41.8% to Rs14,729 billion from Rs10,432.69 billion.<\/p>\n<h3 data-start=\"654\" data-end=\"697\">Strong Fundamentals Behind Market Rally<\/h3>\n<p data-start=\"699\" data-end=\"1392\">The surge in PSX was underpinned by multiple economic factors including robust corporate earnings, a successful IMF programme review, declining inflation leading to reduced interest rates, and improved macroeconomic stability.<\/p>\n<p data-start=\"699\" data-end=\"1392\">These factors bolstered investor confidence and resulted in a record average daily trading volume of 828 million shares, compared to 621 million in FY24.<\/p>\n<p data-start=\"699\" data-end=\"1392\">As of March 31, 2025, PSX had 527 listed companies with listed capital of Rs1,727 billion and market capitalisation of Rs14,374 billion.<\/p>\n<p data-start=\"699\" data-end=\"1392\">Total funds raised on the exchange during July\u2013March FY25 amounted to Rs9.74 billion, including Rs8.99 billion from equity listings and Rs750 million in debt securities.<\/p>\n<p data-start=\"1394\" data-end=\"1690\">Foreign investors offloaded $242 million worth of securities, which were absorbed by domestic participants, indicating strong local investor confidence.<\/p>\n<p data-start=\"1394\" data-end=\"1690\">As of March 31, PSX\u2019s market capitalisation stood at $51.3 billion, up from $37.3 billion on June 30, 2024 \u2014 a gain of 38.5% or Rs4 trillion.<\/p>\n<h3 data-start=\"1692\" data-end=\"1734\">Global Recognition and Sectoral Growth<\/h3>\n<p data-start=\"1736\" data-end=\"2155\">Bloomberg ranked PSX among the world\u2019s top-performing equity markets in calendar year 2024.<\/p>\n<p data-start=\"1736\" data-end=\"2155\">Foreign investment rose by 30%, the highest in over a decade, while the KSE-100 index posted returns of 85% in rupee terms and 87% in dollar terms.<\/p>\n<p data-start=\"1736\" data-end=\"2155\">Despite this performance, PSX remains deeply undervalued compared to regional peers, with a one-year forward P\/E ratio of around 6.0x \u2014 nearly 50% below its long-term average.<\/p>\n<p data-start=\"2157\" data-end=\"2570\">Sector-wise, commercial banks led market capitalisation with an 18.7% share, followed by oil &amp; gas exploration (17.4%), food &amp; personal care products (9.2%), cement (8.3%), and fertilisers (7.2%).<\/p>\n<p data-start=\"2157\" data-end=\"2570\">These five sectors contributed 60.8% to total market capitalisation.<\/p>\n<p data-start=\"2157\" data-end=\"2570\">Among the best-performing sectors were pharmaceuticals, jute, and transport, while fertiliser and energy sectors showed strong growth momentum.<\/p>\n<p data-start=\"2572\" data-end=\"2700\">Despite record highs, analysts believe PSX holds more upside due to its attractive valuations and improving economic indicators.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: The Pakistan Stock Exchange (PSX) delivered a historic performance in FY25, marking it as one of the best-performing stock markets globally. According to the Economic Survey 2024-25, the KSE-100 index surged by 50.2% during July\u2013March, climbing from 78,445 to 117,807 points. The index reached its peak of 118,770 on March 20, 2025, and as &hellip;<\/p>\n","protected":false},"author":6,"featured_media":2615,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[17],"tags":[271,1310,1309],"class_list":["post-2614","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","tag-economy","tag-investment","tag-stockmarket"],"_links":{"self":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2614","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/users\/6"}],"replies":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/comments?post=2614"}],"version-history":[{"count":1,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2614\/revisions"}],"predecessor-version":[{"id":2616,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/posts\/2614\/revisions\/2616"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media\/2615"}],"wp:attachment":[{"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/media?parent=2614"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/categories?post=2614"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/youdigital.pk\/en\/wp-json\/wp\/v2\/tags?post=2614"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}