- Kse-100 closed at 118,383.38, up 1,067.80 points, or 0.91%.
- The index reached a summit of 118,827.47, winning 1,511.89 points, or 1.29%.
- The bottom of the session was 117,712.70, still up 397.12 points, or 0.34%.
The scholarship has extended its bullish race on Monday, with a feeling of investor supported by a series of solid economic signals, including a record surplus of the current account, upgrading of Fitch credit rating and the relaxation of external financing pressures.
The momentum of the rally last week continued as the expectations of a decrease in interest rates by the Pakistan State Bank (SBP), the drop in world oil prices and the progress of circular debt reforms have continued to buy high interest in the sectors.
The KSE-100 index of the Pakistan Stock Exchange (PSX) jumped 1,067.80 points, or 0.91%, to close to 118,383.38, against the previous fence of 117,315.58. The index affected an intraday summit of 118,640.70, which represents a gain of 1,325.12 points, or 1.13%, while the weak was recorded at 117,712.70, still reflecting a gain of 397.12 points (0.34%).
According to analysts, there was no unique trigger for the rally on Monday. “Just the broader postponement of the bullish feeling since last week, when sending funds, upgrading of the evaluation and current account numbers have fueled the rally. Expect that the momentum continues for a few weeks until SBP probably reduces the interest rate of at least 50 BPS,” said independent investment and economic analyst Aah Soomro.
The positive trajectory was supported by strong macroeconomic indices of the previous week. An excess record current account of $ 1.2 billion for March 2025 served as a key engine, marking the highest monthly surplus in Pakistan history and reflecting a significant improvement in the country’s external account.
Investors’ confidence has also been reinforced by recent progress in resolving the circular debt crisis, with an RS1,275 Billions rescue package finalized by a leading banking consortium. The package has reinforced the expectations of long -awaited structural reforms in the electricity sector.
The SBP has also revised its end -of -year exchange reserves of upward forecasts at $ 14 billion, citing improved entries and budgetary discipline. Positive developments on the external financing front included Kuwait’s decision to extend its oil credit ease in Pakistan for another two years, raising pressure on energy -related payments.
Meanwhile, the Government has adjusted the RS8.02 / liter petroleum withdrawal and RS7.01 / liter on diesel to support the development of infrastructure, while benefiting from the drop in world oil prices.
On the budgetary side, the successful auction of the market treasury bills by SBP (Bills) increased RS965 billion, exceeding the target of 850 billion rupees, with largely stable yields. The central bank foreign reserves also increased from $ 127 million to $ 10.7 billion.
The results season should further stimulate activity between key sectors, especially when companies should display solid income.
The last session is based on last week’s performance when the KSE-100 index won 2,462 points (+ 2.1% weekdays on week) to close at a record summit of 117,315.58.