PSX Begins New Fiscal Year With Record-breaking Rally
The Pakistan Stock Exchange (PSX) opened the fiscal year 2025–26 with a powerful rally, reflecting peak investor confidence and marking a significant milestone in market performance.
On Tuesday, July 1, the KSE-100 Index surged by 757 points at the start of the trading session, pushing the benchmark to 126,384 points. Buoyed by sustained buying and positive market sentiment, the index continued its upward trajectory throughout the day, ultimately closing at a historic high of 127,358 points — a remarkable gain of 1,760 points.
This exceptional surge is attributed to several key economic developments. China’s rollover of a $3.4 billion loan to Pakistan, the build-up of foreign exchange reserves to $14 billion in compliance with IMF conditions, and optimism surrounding potential trade agreements with the United States have all contributed to renewed investor confidence.
It is noteworthy that the market had already shown strong momentum on Monday, with the KSE-100 Index crossing the significant 125,000-point mark for the first time in history.
Market analysts believe that if this bullish trend persists, it could lead to further strengthening of the stock market and greater stability in the national economy.
