KSE-100 Soars Past 187,000 on Economic Optimism and Falling Oil Prices

KARACHI: The benchmark KSE-100 index extended its bullish momentum for a fifth consecutive session on Monday, breaching 187,000 points amid improving economic sentiment and declining energy costs.

Topline Securities Ltd noted that the domestic stock market maintained its upward trajectory, with robust buying interest driving the index to an intraday peak of 187,546.36 points before closing at 187,454.69, marking a gain of 2,082.49 points (1.12% increase). Broad-based investor confidence supported the rally, with strong participation across key sectors.

Easing international crude oil prices, with WTI trading near $68 per barrel, reduced concerns over Pakistan’s import expenses and inflationary pressures. Additionally, expectations of strong corporate earnings during the upcoming result season bolstered market sentiment.

Ali Najib, Deputy Head of Trading at Arif Habib Ltd, attributed the positive session to favorable geopolitical developments, stable global conditions, and recent reductions in domestic petroleum product prices. The index’s record-setting trend was further reinforced by aggressive institutional buying.

Blue-chip companies, including Habib Bank, Meezan Bank, Lucky Cement, and Mari Energies, collectively contributed 1,298 points to the benchmark. Market turnover rose 8.91% to 888 million shares, with traded value increasing 17.23% to Rs49.9 billion. TPL Properties topped the volume chart with 66 million shares traded.

Analysts suggest the index may soon surpass its all-time high of 189,167 points, recorded on Jan 23, following sustained investor optimism.

Published in Dawn, July 7th, 2026

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