Karachi: The Pakistan Stock Market has reached a historic milestone, with the benchmark KSE-100 Index crossing 138,133 points — the highest level ever recorded in the country’s stock market history.
This record-breaking performance continues the upward trend observed in recent weeks. Read more on previous KSE-100 Index milestones here.
On the fourth trading day of the week, the market opened on a highly bullish note, surging by 1,700 points within a few hours. This significant rise pushed the index past the 138,000 mark for the first time.
It’s worth noting that the previous trading session also ended on a positive note, with a 440-point gain, closing at 136,379 points.
According to economic analysts, this recent surge reflects growing investor confidence, both domestic and international. It is largely attributed to the government’s economic reforms, improved market fundamentals, and the revival of the IMF program, which has renewed optimism in the financial sector.
Meanwhile, in the currency market, a slight improvement was observed. The US dollar depreciated by 6 paisas in the interbank market, falling from Rs. 284.96 to Rs. 284.90. Analysts believe this stability in the exchange rate is due to reduced pressure from external payments and improved foreign exchange reserves.
The stock market has shown consistent upward momentum in recent weeks, signaling a gradual stabilization of Pakistan’s economy. All eyes are now on the upcoming federal budget and the government’s economic policy direction, which could further fuel market activity.
Analysts are also watching how the stock market performs as 2025 unfolds. Explore projections and trends for PSX in 2025 here.