- The KSE-100 index closed at 128,199.42, up 2,572.11 points, or 2.05%.
- The index recorded an intraday summit of 128,475.69, winning 2,848.38 points, or 2.27%.
- He touched a hollow of 126,113.27, an increase of 485.96 points, or 0.39%.
The capital market continued its record momentum on Tuesday, fueled by budgetary clarity, the drop in interest rates and the optimism of supported investors, after the end of a stellar exercise marked by macroeconomic gains and strong foreign support.
The KSE-100 index of the Pakistan Stock Exchange (PSX) jumped 2,572.11 points, or 2.05%, to settle at 128,199.42, closing above the brand of 128,000 for the first time.
He hit an intraday summit of 128,475.69, winning up to 2,848.38 points, or 2.27%, while the bass of the day remained at 126,113.27.
“Aggressive purchases by local investors have pushed the KSE-100 index beyond the 128,000 mark, earning more than 2% compared to yesterday’s fence,” said Mohammad Sohail, CEO of Topline Securities.
“The rally is on the back of budgetary clarity and the drop in interest rates, which has aroused increased exposure to national investors,” he added.
Prime Minister Shehbaz Sharif praised the record stock market performance, thanking the business community and investors for supporting the government’s economic vision, in a statement issued on Apply.
“The new exercise has started with good news and important development in the economic field, which is very conducive,” he said.
He said that the KSE-100 index reaching its highest level is a manifestation of the fact that the confidence of the business and investors in the country’s economy and government policies strengthened and stabilized every day.
He has attributed the increase in the coherent and progressive recovery obtained during the last exercise and expressed his confidence that the FY26 would prove to be an important step for the economic trajectory of Pakistan.
“The new exercise will prove to be an important step in traveling to improving the country’s economy. The government is making efforts to promote the best commercial environment and provide more facilities to investors. I pay tribute to the government’s economic team for this success,” he added.
The shares ended the 2025 exercise with a remarkable gain of 60% in annual shift, while the reference index settled at a historic summit on Monday following an increase of 1,248 points, driven by the renewed confidence of investors after China refined and rolled more than $ 3.4 billion in commercial loans in Pakistan.
According to Topline Research, the KSE-100 index increased by 60% in terms of PKR and 57% in USD terms compared to financial year 25, making it the eighth high-performance stock market in the world. In the past two years (FY24-25), the index has displayed a 203% cumulative gain in PKR and 206% in USD, supported by the macroeconomic stability provided by the IMF program.
Amreen Soorani, research manager at Al Meezan Investment, noted: “The PSX in progress rally has long been a careful recognition of the growth in companies that have been based since 2017, previously overshadowed by macroeconomic concerns.”
“Even after a gain of 3x in two years, the P / E of the PSX is located only 6.3x. This is still low compared to its historical average of 7-8x, and significantly lower than 10x + seen in more prosperous moments. While companies continue to make solid benefits and dividends, a return to these historical assessment standards take the index to be forged, signaling a large room the value of the value of vanouation.
Other catalysts in the bull race included the completion of the first Pakistan IMF review in March 2025, the aggressive monetary aggressiveness of 20.5% to 11%, the fitch upgrade of the credit rating of Pakistan from CCC + to B-, improving macroeconomic indicators, and the increase in market liquidity, investors, capital B- Fixed actions.