KARACHI: The Pakistan Stock Exchange (PSX) continued its record-breaking rally on Tuesday, with the benchmark KSE-100 Index surpassing the 137,000-point mark for the first time in history. The index soared by 1,188 points during intraday trading, rising from Monday’s close of 136,502 to reach 137,688 points.
This upward trajectory reflects growing investor confidence in Pakistan's economic direction and recent government policy measures. The day before, the KSE-100 Index had already posted a substantial gain of 2,202 points, marking a 1.64% increase to close at 136,502.54 points from 134,299.77.
Trading volume remained robust, with over 841 million shares exchanged, though the value dropped slightly to Rs 37.05 billion from Rs 40.16 billion in the previous session. Of the 475 companies that traded, 264 recorded gains, 195 declined, and 16 remained unchanged.
Supporting this market optimism is the significant improvement in the country’s external accounts. The State Bank of Pakistan reported that its foreign exchange reserves rose by $5.12 billion during FY2024–25, closing at $14.51 billion as of June 30. Additionally, Pakistan received $34.9 billion in remittances over 11 months, up sharply from $27.1 billion in the same period last year.
