KARACHI: The Pakistan Stock Exchange (PSX) reached a historic milestone on Thursday, with the KSE-100 index surging past the 138,000-point mark for the first time during intraday trading. The index gained 1,662.03 points—an increase of 1.22%—to peak at 138,041.99, reflecting robust investor confidence and favorable economic signals. The day’s low stood at 136,674.98, with trading volumes exceeding 142 million shares.
This bullish momentum is driven by renewed optimism over Pakistan’s macroeconomic outlook and key policy developments. The rally followed a briefing by Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, to Moody’s on Pakistan’s economic progress and reform agenda.
Aurangzeb emphasized Pakistan’s successful completion of the IMF Stand-By Arrangement review and the disbursement of its second tranche, as well as advances under the Resilience and Sustainability Facility (RSF). He also highlighted structural reforms, including fiscal discipline in the new budget, trade liberalization, and expenditure rationalization.
The finance minister reaffirmed Pakistan’s commitment to privatizing state-owned enterprises, government restructuring, and macroeconomic stability. Discussions with the U.S. on preferential tariff access were also reported to be progressing positively. Investors are hopeful that these reforms will enhance Pakistan’s credit outlook and open access to global capital markets.
