The Pakistan Stock Exchange (PSX) witnessed a bullish rally on Tuesday, closing at an all-time high amid renewed investor confidence driven by macroeconomic improvements, military assurances, and strong earnings expectations.
The benchmark KSE-100 Index jumped 1,202 points (0.87%), closing at 139,419.61 points, surpassing its previous record. During the session, it even touched an intraday peak of 139,901.77 points, gaining 1.22% before slightly retreating.
Market optimism strengthened after business leaders, including former caretaker minister Gohar Ejaz and industry heads, met with Field Marshal Asim Munir to discuss ongoing economic reforms. The meeting reaffirmed the military’s support for economic progress, boosting investor sentiment.
“Expectations of an upcoming SBP policy rate cut, strong corporate earnings, and annual payouts have fueled the rally,” said Ahsan Mehanti, CEO of Arif Habib Commodities.
Recent data also added to the bullish outlook. Pakistan posted a $2.1 billion current account surplus in FY25, its first surplus in 14 years, supported by record remittances, import compression, and IMF-backed inflows.
Analysts predict the positive trend will continue, especially as Finance Minister Muhammad Aurangzeb’s talks with US officials open doors for enhanced trade and investment.
Meanwhile, auto sector financing surged 20% year-on-year, signaling improving consumer sentiment.
