The Pakistan Stock Exchange (PSX) achieved a historic milestone as the KSE-100 index surged past 130,000 during intra-day trading, marking its third consecutive record-setting session.
At 1:00 PM PKT, the KSE-100 index reached 130,122.77, gaining 1,923.35 points or 1.5% from its previous close of 128,199.42. The index hit an intra-day high of 130,137.57 and a low of 128,616.11, with trading volume exceeding 220 million shares valued at PKR 19.21 billion. This follows Tuesday’s 2,300.18-point surge to 127,927.49 and Monday’s close at 125,627.31, reflecting sustained bullish momentum.
Analysts attribute the surge to robust investor confidence, fueled by economic and political stability. A $3.4 billion loan rollover from China bolstered foreign exchange reserves to over $14 billion, meeting IMF targets and stabilising the rupee. Fiscal reforms in the 2025-26 budget, including anticipated power tariff cuts and the privatisation of state-owned enterprises, further boosted sentiment. Global equity gains and Pakistan’s top ranking in Emerging Market Default Risk Reduction also supported the market’s rise.
Read: Pakistan Stock Exchange Soars to 127,927 in Fiscal Year 2025-26 Opener
The PSX’s three-day streak, with gains of 1,248, 2,300, and 1,923 points, underscores its resilience. Key contributors, including Fauji Fertiliser, HBL, and Bank AL Habib, drove Tuesday’s rally, while high trading volumes reflect broad participation. Arif Habib Limited noted that 297 of 481 companies traded on Tuesday closed higher, signalling strong market breadth as Pakistan enters the new fiscal year.
The KSE-100’s breakthrough past 130,000 highlights Pakistan’s strengthening economic outlook, boosting investor trust and national growth prospects. The rally, driven by optimism for IMF compliance and reform, impacts businesses and households, reinforcing Pakistan’s financial credibility. However, analysts caution that commodity price volatility could challenge sustained gains, making policy continuity critical.
