The Pakistan Stock Exchange (PSX) extended its rally on Thursday, with the benchmark KSE-100 Index closing at a new all-time high amid strong buying interest and broad-based participation.

The index maintained an upward trajectory throughout the session and surged in afternoon trade, touching an intraday high of 172,248.94.

Mild profit-taking later trimmed gains, but the market still closed firmly in the green.

At the close, the KSE-100 settled at 171,960.64, up 1,646.79 points, or 0.97%, marking a record finish.

According to Topline Securities, local funds led buying after a decline in Pakistan Investment Bond (PIB) yields boosted investor confidence.

The index gained as much as 1,935 points during the session, reflecting strong momentum across sectors.

Heavyweights including ENGROH, FFC, UBL, LUCK, and BAHL underpinned the rally, jointly adding 1,504 points to the index. Losses in PIOC, DHPL, and MLCF offset part of the gains, shaving 176 points.

Market activity remained robust. A total of 947 million shares were traded in 560 companies, with turnover valued at Rs54.02 billion.

On the macroeconomic front, Pakistan’s current account posted a surplus of $100 million in November 2025, according to data released by the State Bank of Pakistan on Wednesday, adding to positive investor sentiment.